In How Enterprise Zones Are Killing the California Dream, Frying Pan investigative reporter Gary Cohn looked at the impact of the controversial program, including workers who lost their jobs while their former employers received tax breaks for hiring lower-paid replacements. He also reported on two strip clubs revealed to have benefited from the secretive program. Other media have picked up the story as well, building momentum for an overhaul. A more detailed overview of the Governor’s plan can be found here. The following post first appeared in the blog Labor’s Edge.
To some politicians, economic development means giving hundreds of millions of taxpayer dollars to strip clubs, fast food joints and retail giants like Walmart. Gov. Brown, thankfully, has a better idea. Today, the Governor announced a broad coalition of labor, business and others in support of his good jobs plan that will flip the broken enterprise zone program into real incentives for creating quality,
Few things have been a bigger buzz kill to the holiday season than the New York Times‘ epic investigative series questioning state and city government subsidies to big business. If you thought super-rich individuals were getting away with not paying their fair share (or any share) of taxes, the Times now lifts the veil from a system of corporate blackmail wherein companies are basically being given the tax dollars we pay to government. In exchange, these companies promise to do – nothing.
In the case of heavy industry, “nothing” means a manufacturing company will tell a locality that it may have to move its decades-old plant to another state or country unless it gets a whole lot of tax breaks, free sewage improvements and road repairs. In the case of Oliver Stone’s movie company and its plans to shoot a New York-specific story,