Posts Tagged Property Taxes

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
26
2015

Chicago Mayor’s Proposed Tax-Free Zones No Policy Panacea

As early voting begins in the Chicago mayoral runoff election, incumbent Rahm Emanuel has

Jan
14
2015

2014: A Landmark Year for Subsidy Accountability

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!

Oct
29
2014

JPMorgan Chase Abandons $1 billion NYC Subsidy Effort

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

Oct
7
2014

GASB Finally Prepares to Step Up! And Who is GASB, You Ask?

For many years, we at Good Jobs First have criticized GASB—the Governmental Accounting Standards Board, or “GAZ-bee”— for failing to require state and local governments to disclose economic development subsidy spending in a uniform way.

It appears that’s finally about to change, and if it does, it will be hard to overstate the significance of the news.