Good Jobs First Blog
by Jennifer Morgan
Tracking how states provide incentives for economic development sometimes can be as simple as searching their online reporting platform. Localities, however, often make it difficult to find information on their subsidy recipients. They either require this data be accessed through an open records request, which is burdensome, or they bounce the request from department to department, and eventually decline to disclose.
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,
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
Subsidy Tracker, the nation’s only public and free database of economic development incentive awards, today introduced a new feature that allows the user to display summary data for more than 10,000 different localities across the country. The summaries, like those previously provided for states, show subsidy totals and list the