Good Jobs First Blog
Half a Million Deals, $250B in Taxpayer-Funded Subsidies
Subsidy Tracker Database Reaches Milestones Revealing Corporate Welfare
Washington, DC, May 18, 2016 -- Documenting that corporate welfare has become a commonplace and expensive practice, the first national database of taxpayer-funded subsidy awards to business today reached two significant milestones: The latest expansion of Good Jobs First’s Subsidy Tracker brings the number of entries to 500,000 with a total value of more than $250 billion.
Washington, DC, April 18, 2016—Good Jobs First today applauded the State of Kansas for its progress towards accepting Missouri’s offer of a legally binding cease-fire to end the Kansas City-area problem of so-called “interstate job fraud,” or the payment of huge tax breaks for companies to relocate short distances across the region’s state line.
In a surprise move, Florida Gov. Rick Scott ordered Enterprise Florida (EFl), the state’s public-private entity charged with recruiting companies to the state, to downsize and to consider converting to a completely private model.
Washington, DC—Amidst a political season thick with pro-small business rhetoric, a new study on what states actually spend to help create private-sector jobs reveals a sharp bias against the “entrepreneurial economy.”