The newest stadium in St. Louis is a case study in ‘patient capital.’
- Professor of Government, The University of Texas at Austin
The future of these job-generating gigafactories, many of them in Republican states, could be at risk if the next president tries to wipe out the programs that made them possible.
Louisiana’s governor made it easier for companies to receive property tax breaks – and schools will likely pay the price.
An estimated 95% of US cities provide economic development tax incentives to woo corporate investors, taking billions away from schools.
An estimated 95% of US cities provide economic development tax incentives to woo corporate investors, taking billions away from schools.
While Congress considers new renewable energy incentives, Texas’ sprawling wind farms tell a story about renewable energy ownership in the US – and who benefits from subsidies.
Recent scandals involving economic development programs in New Jersey and Maryland highlight their many flaws, including a lack of oversight and their ineffectiveness.
Amazon nixed plans to build a headquarters in Long Island City after some New Yorkers questioned the wisdom of offering billions in tax breaks in exchange for job promises. A Texas study suggests they had reason to worry.
Some say the more than 230 cities that lost their bids for Amazon’s second headquarters were dupes in the retailer’s game. In fact, they were willing participants with their own aims.
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