Good Jobs First Subsidy News
A report released in March shows that corporate tax breaks are costing some school districts large amounts of financial support, writes Peter Greene for Forbes. The report found 149 districts lost more than $1,000 per student.
American Prospect writes: Wisconsin remains on the hook for as much as $1.34 billion for the doomed project. The folly of throwing money at corporations as a jobs strategy has never been clearer.
The Philadelphia Inquirer wrote about a new Good Jobs First report that found no school district in the country lost more revenue to corporate tax abatements than Philadelphia schools.
"While plowing his way through records from various government regulators to compile a dossier on actions taken by agencies against the Fortune 500, (Good Jobs First Research Director Philip) Mattera had an idea: What if he could build a central source for the information?"
Bloomberg CityLab wrote about our new study, "Abating Our Future: How Students Pay for Corporate Tax Breaks."
“Anybody understands that companies go where the talent is. Instead, we normalize that cities can bribe companies," said Queens Assemblymember Ron T. Kim, who fought against Amazon HQ2.