Taxes

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

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

By Ashley Gross March 25, 2015

Washington state is facing an “enormous budget challenge,” according to Gov. Jay Inslee, who has proposed creating a tax on capital gains and another on carbon pollution.

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.

Tesla: New Technology, Same Old Subsidy Charade

Tesla Motor’s shameful subsidy competition for its battery factory is wrapping up to a close in a state known for big gambling.  The Nevada Governor’s Office of Economic Development (GOED) announced last week it had assembled a breathtaking package for the proposed “Gigafactory” totaling as much as $1.3

Tesla, We Have Questions

For Immediate Release September 4, 2014

Contacts: Bob Fulkerson bfulkerson@planevada.org 775-348-7557

Greg LeRoy goodjobs@goodjobsfirst.org 202-232-1616 x 211

Ask Tesla's Elon Musk to Open-Source His Subsidy Demands

Good Jobs First has launched a petition through MoveOn asking Tesla CEO Elon Musk to open-source his ≥$500 million subsidy demands.

Sign the petition here.

[getty src="157501396?et=Q8w60oIGRRh4BC9Dh3AWKA&sig=HCTrew4Px7FWtEa7lePfsYvM4Pg7kGOtvVDqO11SHWY=" width="381" height="225"]

Tesla Motors is demanding at least $500 million in taxpayer subsidies, whipsawing AZ, CA, NV, NM and TX siting a huge battery factory.

If it's really confident that such massive subsidies are justified, Tesla should release the five states from non-disclosure agreements and allow taxpayers to see the files.

Elon Musk: open-source your subsidy-application files and let taxpayers weigh costs and benefits!

 

Sign the petition here.

 

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.

New Report: Putting Municipal Pension Costs in Context: Chicago

Have secretive TIF accounts played a significant role in the underfunding of Chicago pension funds?

$2.6 Billion Spent on Cleaning Up DC Rivers Must Address Local Job Creation

SinkorSwim_WebBoxOver the next decade, DC Water will use a regressive Impervious Area Charge (IAC) to fund $2.6 billion in needed water infrastructure investments.