Washington, DC-December 5, 2016 -- In response to a high volume of media inquiries and public comments and to President-Elect Trump's speech in Indianapolis, Good Jobs First executive director Greg LeRoy today issued a second statement regarding the announcement that Carrier Corp. will retain some jobs in Indiana.
Today's statement, focusing on the 'job piracy' issue and how it could be solved, augments Good Jobs First's original statement on the Carrier deal issued on December 1, which is linked here. In that statement, LeRoy emphasized that the deal appears to be a one-off tied to United Technologies' defense contracting, not a policy breakthrough or systemic solution for manufacturing jobs.
Good Jobs First Statement on Carrier Jobs Deal in Indiana
Washington, DC—Good Jobs First executive director Greg LeRoy issued the following statement today regarding the announcement by President-elect Donald J. Trump that Carrier Corp. will retain some jobs in Indiana:
Good Jobs First today announced a significant expansion of its Subsidy Tracker database, the only national search engine capturing company-specific economic development incentive awards from the federal government, all 50 states and many localities. Increasing its coverage of cities and counties, Subsidy Tracker has added 10,000 entries from 204 newly-included local programs in 25 states.
Washington and New York—Three non-profit watchdog groups today lauded New York City Comptroller Scott Stringer for being the first government officer in the United States to comply with a new accounting rule requiring the disclosure of how much revenue is lost to corporate tax breaks given for economic development. More than 50,000 state and local government bodies are expected to issue such data over the next two years.
Washington D.C., October 11, 2016 – States and localities are giving cash-rich tech giants an average of $2 million per job for data centers the companies must build to run “the cloud.” Indeed, the companies are so aggressive playing states against each other that more than half the states have even enacted new data center-specific tax break programs. But the companies actually care most about cheap electricity and stable settings, not taxpayer subsidies. Public officials should cap data center subsidies at $50,000 per job and be ready to walk away from bidding wars that guarantee net losses for taxpayers.