Show Us the Subsidized Jobs: An Evaluation of State Government Online Disclosure of Economic Development Subsidy Awards and Outcomes
Prominent studies that purport to measure and rank the states’ “business climates” are actually politicized grab-bags of data. They contradict each other wildly, have no predictive value, and should not be used to inform public policies. This is only the third such analysis of pseudo-social science “business climatology” in 27 years.
Paying Taxes to the Boss: How a Growing Number of States Subsidize Companies with the Withholding Taxes of Workers
States are increasingly using the withholding taxes of their workers to subsidize companies. This is justified in the name of job creation, but payments often go to firms that simply move existing jobs from one state to another, or to ones that threaten to move unless they get paid to stay put.
Full text of report
Appendix: subsidy program descriptions
Spreadsheet list of companies receiving subsidies linked to personal income tax revenue
This companion report to our Money for Something and Show Us the Subsidies studies evaulates state subsidy programs on their use of clawbacks and other penalties in enforcing job-creation, job quality and other performance standards.Press release. Executive summary. Full report with appendices. Full report without appendices. Appendices.
In this report produced jointly with Citizens for Tax Justice, we look at Verizon's federal and state tax dodging in general as well as its tax avoidance linked to state and local economic development subsidies.
Governors in several states are pushing for the privatization of their economic development agencies. Public-Private Power Grab reviews the track record of states that have already taken this step and finds a history of performance problems, scandals and diminished accountability. Full report. Press release.
In this report Good Jobs First reveals that retailers in 26 states are being allowed to "skim" more than $1 billion a year as compensation for collecting sales taxes on behalf of state and local governments. The biggest impact is felt in the 13 of those states that put no ceiling on the amount of compensation any given retail company can receive, thus giving a windfall to the likes of Wal-Mart. Press release
This report examines legislative changes to two geographically targeted economic development programs: tax increment financing (TIF) and enterprise zones. It asks the question: Have laws governing these programs been weakened to permit the use of these programs in non-blighted or affluent areas? In virtually every state that has weakened its TIF or enterprise zone program, the answer is "Yes."
The first study to catalog state and local economic development subsidies given to private prisons.