Good Jobs First Subsidy News
By Greg LeRoy, The American Prospect
Donald Trump’s controversial deal with Carrier Corp. has ushered in a long-overdue debate over corporate giveaways that come at taxpayers’ expense.
Governments often provide subsidies in exchange for jobs but the deals frequently don’t live up to the hype
By Chris Hickey, KUAR-FM, Arkansas Public Radio
In addition to a citizen-driven ballot question on Medical Marijuana, Arkansas voters are getting to decide on three legislature-sponsored constitutional amendments in this election. One of those, Issue 3, would primarily allow the Arkansas Legislature to approve an unlimited amount of bond money to support new large-scale economic development projects.
By Jeremy C. Owens
State and local governments are seeding the cloud with billions in tax subsidies, but the companies receiving those gifts aren’t exactly making it rain with jobs in return, according to a nonprofit’s recent study.