New Mexico

Georgia Whiffs, Bernalillo County Homers on Tax-Break Disclosures!

As states and localities finally start to disclose how much revenue they lose to corporate welfare (thanks to GASB Statement 77*), we continue to see laggards and leaders.

 

06/18/2015

By Albuquerque Journal Editorial Board June 19, 2015

Three members of the Bernalillo County Commission did the right thing in approving zoning and other regulations to guide a planned mixed-use development on 22 square miles atop the West Mesa, near 118th and Interstate 40.

By Emily Badger Sept. 15, 2014

Tesla announced earlier this month that it's planning to build a $5 billion lithium battery factory just outside of Reno, which sounds good for Nevada and bad for losing bidders California, Texas, Arizona and New Mexico. So how did Nevada beat out so many competitors?

Tesla Open Letter Electrifies Gigafactory Debate

Early this week Good Jobs First joined its voice with those of progressive organizations in Arizona, California, New Mexico, Nevada and Texas to express concerns about the pending subsidy bidding war over Tesla’s proposed Gigafactory.  In case you missed it, an open letter signed by Arizona PIRG, the California Budget Project, Progressive Leadership Alliance of Nevada (PLAN), New Mexico’s SouthWest Organizing Project, Texans for Public Justice  and Good Jobs First regarding the multi-state competition has been generating growing media attention.  The letter calls for state leaders to seize the opportunity presented by Tesla’s subsidy demands, communicate with each other, and reject the harmful Race to the Bottom.

[youtube https://www.youtube.com/watch?v=1sudQsPTuQM&w=560&h=315]

Much of our daily work at Good Jobs First consists of monitoring massive subsidy packages that often don’t receive much attention in the media.  But events like the Gigafactory bidding war provide an opportunity to break down these complicated issues into smaller pieces that allow a practical public dialogue about job creation, competition, and fairness.