Good Jobs First Subsidy News
By Shaila Dewan FEB. 13, 2015
A number of Republican-led states are considering tax changes that in many cases would have the effect of cutting taxes on the rich and raising them on the poor.
By Matthew Dolan Feb. 11, 2015
Michigan’s corporate-tax incentives helped jump-start the state’s lagging economy, officials say, but now those same curative measures are hurting the state’s budget.
By Mike DeBonis Feb. 11, 2015
The District government has recently taken some steps to make sure its economic development subsidies are well spent — requiring, for instance, a fiscal analysis for individual deals and a yearly report detailing their allocation — but it has a long way to go to match the accountability measures taken by other jurisdictions, a new report finds.
By Matthew Dalton Dec. 19, 2014
BRUSSELS—The European Union on Friday filed a complaint at the World Trade Organization alleging that billions of dollars of tax breaks handed to U.S. aviation company Boeing Co. by Washington state violated international trade rules.
By Reid Wilson Sept. 25, 2014
Last October, representatives from Tesla reached out to economic development officials in a handful of Western states with an enticing offer: The company, which manufactures luxury electric vehicles, needed a new site on which to build a massive factory to produce lithium ion batteries. The facility would cost about $5 billion to construct, and it would employ about 6,500 high-tech manufacturing employees.