A report released Wednesday by Jobs to Move America calls Alabama’s system for corporate tax incentives “exactly the wrong way” to improve the state’s economy, citing $4 billion in giveaways between 1993 and 2020 with scant information about what taxpayers have received in return.
Alabama hands out millions of dollars in industrial incentives for the purpose of luring jobs to the state, but taxpayers are too often left in the dark about the deals and what the state ultimately gets in return, a new report from an advocacy group said.
The report published Tuesday highlights Alabama’s secretive incentives for businesses, and urges lawmakers to improve transparency and hold businesses accountable for promises made about job creation and wages.
Between 1993 and 2020, Alabama gave away $4 billion in tax incentives to corporations like Amazon, Mercedes, Toyota and Google to incentivize job creation. But those giveaways were made with little to no transparency and accountability—and with often questionable return
Government subsidies should should require strong labor standards—good jobs for local residents and excluded groups, unionized whenever possible.
Kate Aronoff on why our wonky California legislative fight is a test of whether green jobs will be good jobs, too.
How New Flyer and the Transportation Diversity Council are “astroturfing” worker and community demands for racial and economic justice.
California needs to pass SB749 to hold companies accountable to their promises on job creation — and get the most out of the state's economic recovery.
In Los Angeles, transparency proved to be important for an economic development deal and contract between the city’s transit authority and a bus manufacturer. But it took a court battle to reveal the details to the public.
California lawmakers will soon oversee billions of stimulus dollars and pass a state-level recovery package. But a loophole in the state’s public records law is preventing workers and communities from real recovery.
