Posts Tagged New York

Reinvent Albany, a nonprofit that advocates for transparent, accountable, effective New York government, recently celebrated a major victory when the State Assembly voted to decouple from federal Opportunity Zone tax breaks. Policy Analyst Tom Speaker talked to Good Jobs First about why this is such a big deal.

September 29, 2017

Hundreds of local governments have already reported their tax revenue losses associated with corporate subsidies. In late July, the State of New York became the first state to do so, in their Basic Annual Report, a publication that precedes the state’s more comprehensive CAFR report

The leaders of both chambers of the New York State Legislature have been indicted on criminal charges, accused of using their power and influence to improperly assist major real estate developers. That assistance turns out to revolve around a controversial subsidy program known as 421-a.

Two-thousand fourteen was a banner year for our movement, hands down. The first move to require standardized subsidy-cost reporting! The first half of a legally-binding two-state cease fire deal! The first state ban on tax-break commissions! A big surge found in state disclosure of subsidies! Big improvements to our Subsidy Tracker, enabling first-ever mash-ups!

When The New York Times reported that JPMorgan Chase was seeking close to a billion dollars in incentives to build a new trophy h