July 2017 Posts
It’s common for governors to stage publicity events to announce major job-creating investments in their state. This allows them to take implicit credit for a project that was probably helped along with tax breaks and other financial giveaways. When it came to the Taiwanese company Foxconn’s plan to build a $10 billion flat-screen plant in Wisconsin, the hype was taken to a new level.
For the first time ever, local and state governments are just beginning to report how much revenue they lose to economic development tax breaks. We here at Good Jobs First can only describe the corporate welfare price-tag data so far as one hot mess.
Some local governments' reports are user-friendly,