January 2020 Posts

Jan
22
2020

Report: Corporate Tax Giveaways Harm State Revenues Needed for Pension Funding

Washington, DC: January 22, 2020 – Public pensions are seriously underfunded in some states, and the situation is not helped by the fact that states continue to give huge tax breaks and other subsidies to corporations. Such subsidies often exceed the amount a state owes to maintain its pension obligations.