Good Jobs First Blog
Amazon Apologizes, Foxconn Folds, Big Oil Fesses Up
Corporate America got religion ahead of Easter this year, as peace broke out in America’s tax-break war among the states.
Of the 20 Amazon HQ2 Finalist Cities, 17 Have Now Released at Least Partial Information on Their Bids
With the HQ2 contest now concluded, additional cities are releasing details on their Amazon HQ2 bids. Bid amounts in this blog include both city and state incentives. With the exception of HQ2 “winners” New York City, Arlington Va. and Nashville, all cities’ bids are based on Amazon’s original proposal that
Report: Wage Theft is Pervasive in Corporate America
A new Good Jobs First report finds that many large corporations operating in the United States have boosted their profits by forcing employees to work off the clock, cheating them out of required overtime pay and engaging in similar practices that together are known as wage theft.
GASB Rules: Most TIF Spending Will Remain Undisclosed
May 31, 2018
In a recent update of its Implementation Guide, the Governmental Accounting Standards Board (GASB) defied the recommendations of many commenters and ruled that most tax increment financing (TIF) spending will remain undisclosed.
The ruling is a major blow to GASB’s Statement 77 on Tax Abatement Disclosures,
Despite Wide Public Interest, Most Finalist Governments Hide their Amazon HQ2 Bids
Washington, DC—As Amazon.com conducts site visits at the 20 finalist locations for its second headquarters, or HQ2 project, little is known about most of those localities’ first-round bids, and almost nothing at all is known about six. Even though billions of dollars are at stake, few states and cities have fully disclosed their bids. Even those that have partially disclosed have not revealed the details of their tax-break offers and their costs to taxpayers.