Posts Tagged Subsidies

Oct
7
2020

Reimagining economic development: The case for great schools

Good Jobs First talked with education expert Dr. Kendall Deas about the role corporate incentives and subsidies play in South Carolina, which in fiscal year 2019 cost the state’s public schools $423 million – a $99 million increase in two years, according to our analysis. The findings raise a key question: do newly arriving companies that get big tax breaks pay their fair share for the public services they and their employees utilize?

Jul
29
2016

The Energy Subsidy Game

Whether or not it is a good idea to increase subsidies for renewable energy, one thing is certain: we need to stop giving them to fossil-fuel companies and start charging dirty energy for their “externalities,” i.e., the costs of carbon and other pollutant emissions.

Nov
19
2015

In Iowa Layoffs Can Pay Off

It is not uncommon for state and local governments to pay out subsidies to companies to get them to retain existing jobs rather than creating new ones, but Iowa finds itself in the position of giving millions to food giant Kraft Heinz to eliminate far more jobs than it is saving.

Oct
6
2015

Tennessee Officials Ponder the Future of VW’s Subsidies

Amid a global scandal in which Volkswagen admitted to equipping its diesel-engine cars with devices that cheat air pollution tests, Tennessee lawmakers are planning to review the state’s subsidy contract with the German automaker, including the clawback provisions.

Jun
9
2015

Gold Shovels Digging Holes in State Budgets

Area Development Magazine, a magazine covering corporate relocation and facility planning, released its 2015 Gold & Silver Shovel Awards, which are said to "recognize individual states for their