July 2017 Posts

Jul
28
2017

Is Foxconn a Con?

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.

Jul
20
2017

Early GASB 77 Disclosure: One Hot Mess

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,

Jul
14
2017

Why Public Officials Should Embrace GASB 77

In a guest column for the influential government performance website of Katherine Barrett and Richard Greene, the B & G Report, we argue that public officials have a strong self-interest in complying with GASB Statement 77 and in encouraging a smarter public debate over public spending priorities that will