Tag Archives: Good Jobs First

Data Center Tax Abatements Threaten State Budgets and You

A new analysis released today from Good Jobs First finds that state and local governments are losing tax revenue to data center subsidies at an unprecedented rate, with costs rising sharply in states that disclose the value of their tax breaks and many others still failing to report the losses at all. Transparency also remains a large issue: 14 states with data center tax exemptions still do not publish comprehensive annual revenue-loss figures, making it difficult for lawmakers and taxpayers to understand the true cost of the incentives.* [In short, taxpayer’s pockets are being picked by wealthy firms and special interests. While local programs such as school or library budgets are potentially hurt. Homeowner property taxes could rise drastically the over the shortfalls. – AutoCrat] Continue reading

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Musk and Bezos Freeloading on Taxpayer Subsidies

Elon Musk, who is leading efforts to cut spending he alleges is wasteful, has himself benefited from more than $38 billion in government funding, according to a just-published exposé in the Washington Post. The Washington Post used Good Jobs First’s Subsidy Tracker to help tell the story of just how much companies controlled by Musk have received, according to a release today from the respected Good Jobs First (GJF) organization. Continue reading

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Automakers Want US Taxpayer Subsidies for Aluminum

The letter was published on a website and in full page ads in five newspapers: The Albany Times-Union, The St. Louis Post-Dispatch, The Louisville Courier-Journal, the South Carolina Post and Courier, and the Indianapolis Star. Not coincidentally each newspaper is in a market with one of the remaining six primary aluminum smelters. The letter was also accompanied by a digital ad campaign and mobile takeover on Politico. The power of big special interest money is once again in play, and at least this time subject to public scrutiny and challenges by some as socialism or woke-ism for the one-percenters. Continue reading

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Inflation Reduction Act Birthday – Changes Needed

“On the minus side, however, the IRA has no requirements for these massively subsidized companies to do good by their production workers. There are no market-based wage or benefit requirements, nothing that mandates company leaders to pay workers a wage to support themselves or their families – even though the 45X credit on its own is enough to completely cover these companies’ capital investment costs and their total wage bill for the first several years of production. Fortunately, states and communities can take action to ensure this pivotal moment doesn’t turn into another boondoggle for the One Percent, ” said Good Jobs First today. Continue reading

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