
Good Jobs First
@GoodJobsFirst
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Corporate subsidy watchdog since 1998; Creator of Subsidy Tracker, Violation Trackerss, Tax Break Tracker. UK work: @VT__UK More: https://t.co/dggNbo8wIj
Washington, DC
Joined March 2009
NEW: At least 10 states lose over $100 million per year in tax revenue to data centers. The loss of revenue is surely worse than we can yet document — of the 32 states with data center tax incentives, 12 fail to disclose even *aggregate* revenue losses. 👇🏾 https://t.co/LpeA2ycex2
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Top National Expert on NY’s $11B in Corporate Subsidies: "Forget the Mega-Deals." @GregLeRoy4 of @GoodJobsFirst says to focus on spending taxpayer 💰 only on things that provide a bigger public bang for the buck Check it out: https://t.co/4kea2UENRq
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All of these billionaires benefited from massive taxpayer subsidies. "Since 2020, the Ilitch family’s net worth grew from $3.8B to $4.8B. Stephen Ross’ fortune jumped by more than $10B. And Dan Gilbert’s wealth quadrupled from $6.5B to a whopping $27.8B." https://t.co/3E7ZfZdzrx
mlive.com
Some of Michigan's wealthiest people are using their fortunes to fund massive downtown developments. And they're leaning on tax dollars to do it.
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Alphabet’s Google was fined almost $3.5 billion by the European Union and ordered to stop favoring its own advertising technology services. Listen to that and the latest stories on Bloomberg News Now.
bloomberg.com
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
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So you hear a data center wants to come to town...here are questions to ask from the get-go: https://t.co/ahp9wKAxjG
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Investigative Post Editor Jim Heaney and economic development expert Greg LeRoy of @GoodJobsFirst discuss where Western NY has failed over the years as officials have attempted to revitalize the local economy. Listen or watch here: https://t.co/J18jebTBMs
investigativepost.org
Investigative Post Editor Jim Heaney interviews Good Jobs First's Greg LeRoy on the failings of economic development efforts in Buffalo & WNY.
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“You don’t find someone guilty of robbing a bank and then sentence him to writing a thank you note for the loot." "You don’t find Google liable for monopolization and then write a remedy that lets it protect its monopoly," says @nhegde on Judge Mehta's failure to do his job.
Judge Mehta on the proposed Chrome divestiture as a remedy in Google's monopolization case: 1-Chrome definitely contributes to Google's search monopoly 2-It's not even as radical as the Microsoft proposed remedy 3-It would hardly break up the company 4-But let's not do it
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So great to see this. Nobody should have to jump through endless hoops just to cancel a subscription. Glad Commissioner Slaughter is back @FTC to push the agency to faithfully do its job & defend Americans from corporate lawbreaking.
Back at my desk, back online, and have already moved to reinstitute the Click to Cancel Rule. Hope a majority of the Commission will join me - all Americans deserve to be protected from abusive subscription traps.
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I’ve been saying since forever that endless film/TV subsidy spending doesn’t build anything sustainable — it just allows a place to rent economic activity until some other place poaches it — and well, here we are
wsj.com
Tax incentives lured studios to help build the ‘Hollywood of the South,’ but now Marvel and others are going overseas for cheaper labor costs.
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New: Investigative Post Editor Jim Heaney sat down with tax subsidy expert Greg LeRoy of Good Jobs First to discuss the state of economic development in Buffalo. In short: tax breaks aren't helping our lagging economy. Read or watch the interview here: https://t.co/J18jebT3WU
investigativepost.org
Investigative Post Editor Jim Heaney interviews Good Jobs First's Greg LeRoy on the failings of economic development efforts in Buffalo & WNY.
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Meta gets billions in tax breaks, donates a few pennies to local charities and get lauded. Reporters, ask your local leaders why they don't donate to those charities directly AND invest in other vital public services; all Meta has to do is pay its taxes. https://t.co/jHkH78I3wq
kshb.com
Meta’s data center in the Northland is operational as of Wednesday, Aug. 20. The center broke ground in 2022.
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"No one working two jobs and driving Uber to keep the heat and hope on should bear the cost of increased demand usage by the billionaire data center industry." https://t.co/VFEMlP8xW6
yahoo.com
The Rev. Willie Dwayne Francois III argues that data center owners are not paying their fair share of rising electric costs.
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US #taxpayers just bought 10% of #Intel, the largest US #semiconductor manufacturer. What did we get in return? ➡ Check out https://t.co/4wr2cOrvLj for more information. #CHIPSAct #Tech
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"Yet the money often goes to companies that would have done the same thing without taxpayer money, and the deals don’t create the jobs that are announced...The latest SanDisk attempt left taxpayers out $259 million to prepare land for a project that isn’t going to happen."
It would be good if state legislators stopped handing out taxpayer money to select companies. Without that, there wouldn’t be much left for the MEDC to do.
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"Meta’s Northland data center could use up to 9.5 million gallons each day, while an average Kansas City household uses just under 100 gallons per day." Who will pay for the infrastructure to supply global tech giant Meta with all the water its data center consumes?
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Meta's Economic Development Subsidies Lead: "Our data centers, they're the backbone of everything that Meta ultimately does." Exactly why companies should get NO public money for building them. Meta instead should pay the communities where it locates. https://t.co/J5jJOhDgS7
kshb.com
Meta’s data center in the Northland is operational as of Wednesday, Aug. 20. The center broke ground in 2022.
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Happy Labor Day, Buffalo. Wage theft is widespread across the Western NY region. Employers here steal thousands from their workers every year. But even though that’s a felony, local prosecutors have never prosecuted a wage theft case to date.
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Meta "donated" more than $2 million to Central Oregon’s Crook County School District" over the last decade; but in just ONE of those years, Meta avoided $29 million in property taxes. Not a tradeoff most school districts would choose to make. https://t.co/7ATu7N1Li2
oregoncapitalchronicle.com
The revenue schools lost to property tax breaks doubled between 2019 and 2024, driven by deals given to new data centers, researchers found.
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The corporate tax-break spree meets federal austerity. Here’s what states should do. @GregLeRoy4 writes The Hill: https://t.co/8Jye1Itu9n
thehill.com
Federal austerity is about to force a long-overdue reckoning on this form of corporate welfare.
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Data that taxpayers have paid for and rely on is disappearing – here’s how it’s happening and what you can do about it
theconversation.com
Detailed data that US government agencies collect and make available has underpinned research about people, medicine, science, crime, jobs, housing, climate and the economy.
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Amazon scored $8.3 Billion in tax breaks for ONE data center project in Indiana — this 50-year deal and more revealed in the latest Subsidy Tracker update. 👀 https://t.co/72U0U0n2Zr
goodjobsfirst.org
The Newest Subsidy Tracker Update Is Live – Here’s What’s Included - Good Jobs First
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