Showing posts with label local subsidies. Show all posts
Showing posts with label local subsidies. Show all posts
Wednesday, October 6, 2021

Ford Announces Giant Electric Vehicle Plant in Western Tennessee

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  On September 27, Ford Motor Company announced plans to invest $5.6 billion at the Memphis Regional Megasite in Stanton, Tennessee, to buil...
Tuesday, September 15, 2020

Report Shows Huge Cost of Tax Breaks to South Carolina Public Schools -- Up 31% in Two Years

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 My colleagues at Good Jobs First released a new report today showing that South Carolina public schools are losing high, and rapidly risi...
Friday, February 15, 2019

Amazon defeated in New York UPDATED

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In the biggest ever defeat for a subsidized project in history, Amazon announced February 14th that it was canceling its planned half of HQ...
1 comment:
Monday, February 11, 2019

Electrolux closing Memphis plant; Economic development malpractice leaves Tennesse holding the bag

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On January 31, Electrolux announced (h/t Alan Freeman, ipolitics.ca ) that it would be closing its new (2012) factory in Memphis, Tennessee...
Friday, February 1, 2019

Foxconn is flailing in Wisconsin (Insert your joke here.) UPDATED

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In what may end up as the biggest economic development failure in U.S. history, Foxconn announced Wednesday that its $10 billion Wisconsin ...
Tuesday, November 20, 2018

Amazon Wins!!!

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Well, what did you expect? With 238 entrants and 20 finalists, the Amazon HQ2 location tournament resulted in a resounding victory for Amazo...
Tuesday, January 23, 2018

Amazon scores two more $5+ billion bids

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A non-blogging friend points me to the announcement today of Maryland's subsidy bid that puts Montgomery County into one of the 20 fina...
3 comments:
Sunday, October 22, 2017

Now Amazon wants to break the bank UPDATED

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On Thursday (October 19), the first stage of the Amazon sweepstakes for a second headquarters, dubbed "HQ2," was completed as cit...
1 comment:
Thursday, December 17, 2015

The new era for subsidy disclosure begins

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Yesterday, December 15, was the first day the new Government Accounting Standards Board (GASB) subsidy reporting rules came into effect. Fr...
Friday, October 2, 2015

Time for a new incentives estimate!

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It's been over four years since I last published an estimate of U.S. state and local government subsidies in Investment Incentives and ...
Saturday, August 15, 2015

Final subsidy accounting rules published!

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On Friday, the Government Accounting Standards Board (GASB) published the final version of its new rules requiring governments to make repo...
1 comment:
Saturday, June 13, 2015

Elon Musk has received billions in subsidies

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While receiving subsidies is nothing new for the Forbes 400 or even multi-hundred millionaire pikers like Mitt Romney , a recent story in...
10 comments:
Monday, May 11, 2015

Why subsidize data centers?

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A number of authors ( Good Jobs First , David Cay Johnston , me , and me , among others) have pointed out that data centers (aka server farm...
2 comments:
Tuesday, February 10, 2015

U.S. 76, EU 6 UPDATED

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No, it's not a sports score. It's the number of $100 million incentive packages offered in each place beginning in 2010. This is bas...
2 comments:
Thursday, January 15, 2015

My GASB Comments

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Well, I should have taken my own advice and not waited until the last minute to submit my own comments on the proposed standards for govern...
1 comment: