Posts Tagged Transparency

Apr
15
2021

Subsidy Tracker Adds 17,000 New Records

We posted a new version of Subsidy Tracker, Good Jobs First’s database of company-specific subsidy awards from state and local governments across the country as well as federal agencies. During this round of updates, we added over 17,000 entries from 112 state and local programs from 28 states. We also updated the federal programs. We also added nine megadeals.

Mar
19
2021

Sunshine Week: This file is your file, this file is my file

Your state and local government’s files on economic development subsidies are just that—your files.

Mar
17
2021

Sunshine Week: How corporate subsidies harm our youngest community members

For decades, the public had no meaningful way of knowing how much schools lost via government subsidies given to corporations as part of “economic development”. We could reasonably assume it was substantial: property taxes are the biggest source of public school funding, so giving corporations a pass on paying some or all of it inevitably hits schools the hardest.

Mar
16
2021

Sunshine Week: Lack of transparency and accountability casts shadow over Opportunity Zones

The idea behind the Opportunity Zones is to persuade individuals and corporations to invest their capital gains in projects in poor neighborhoods. In return, those investors receive lucrative federal tax breaks. No matter what one might think about this underlying idea of OZs, the execution and administration of the program has fallen short. Their pervasive lack of transparency and accountability is largely to blame.

Dec
16
2020

Taxpayer Subsidies to Amazon Now Exceed $3.7 Billion

Good Jobs First’s latest tally of economic development subsidies given to Amazon.com finds state and local governments have given the retail behemoth more than $3.7 billion. How much more is becoming increasingly hard to tell.