Semiconductor Subsidy Doom Loop

There’s an ugly state-federal feedback loop happening

That doom loop is happening because Congress is dangling large federal semiconductor subsidies out there, but hasn’t approved them yet, and states want those funds to land within their borders, so are spending a lot all by themselves in the hopes that it will lead to an even bigger payoff....

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Semiconductor Subsidy Doom Loop

Meet A Corrupt Company Town

Anaheim is a prime example of the nexus between corporate subsidies and public corruption

Communities can take on the Amazons and Disneys of the world and win. We all just need to share the resources and tactics that make those wins possible....

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Meet A Corrupt Company Town

The Future of DC’s Antitrust Fight With Amazon

State attorneys general can challenge the damaging practices of the largest corporations in America

Last year, Karl Racine, the attorney general for Washington, D.C., sued Amazon under the District’s antitrust laws. And his case was a novel one. While Amazon in the American zeitgeist is associated with low prices, Racine alleged that Amazon was actually using restrictive and unfair agreements with its third-party sellers ...
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The Future of DC’s Antitrust Fight With Amazon

Dueling Secret Deals 

Kansas and Oklahoma: So many NDAs, so many corporate handouts, so little time

Back in February, Kansas legislators approved a $1.2 billion corporate subsidy package for an as-yet-still unnamed corporation. Many members of the legislature signed non-disclosure agreements preventing them from divulging the proposed recipient of that taxpayer largesse.  Events this week show why the corporation in question hasn’t come out from behind the curtain in ...
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Dueling Secret Deals 

The Film Tax Credit Sequel Stinks

Two thumbs down to subsidies for film and TV production

There’s a new sequel coming out, and let me tell you, it is terrible. No, I’m not talking about whatever film is actually up on the silver screen at the moment, but a push in statehouses across the country to revive or create film and TV tax credit programs, one of ...
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The Film Tax Credit Sequel Stinks

Why Taking on Turbotax Matters

Intuit is a scourge

Tax Day 2022 is almost here, so it seems like a good time to talk about one of my least favorite corporations: Intuit, the makers of Turbotax, the now ubiquitous electronic tax payment software. A couple of weeks ago, the Federal Trade Commission — which enforces federal antitrust and consumer protection ...
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Why Taking on Turbotax Matters

Ban Secret Deals

Meet the new coalition pushing to ban NDAs in corporate subsidy deals

As regular readers know, I am a pretty big critic of the use of non-disclosure agreements in economic development deals. These agreements — signed by governors, members of state legislatures, mayors, city council members, and other local leaders — prevent public officials from disclosing anything about a corporate subsidy deal ...
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Ban Secret Deals

Subsidized By Taxpayers, Stealing From Workers

Wage thieves should get no public favors

The U.S. Department of Labor earlier this month found that Seaboard Triumph Foods, a pork processor in Sioux City, Iowa, illegally stole wages from workers by not paying them for work done before and after their official shifts, including time for “set up, clean up and knife sharpening.” Seaboard was ...
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Subsidized By Taxpayers, Stealing From Workers

Walmart Kills Wages

State and federal lawmakers are focusing more on corporate power in labor markets

The U.S. Treasury Department released a report last week looking at the power dominant firms have over labor markets, or, in layperson’s terms, the power employers have over how much you are paid and what your work conditions are like. And the findings were grim: “As this report highlights, a ...
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Walmart Kills Wages

Let the People Decide What Counts as Public Goods

Why government spending should be defined by our democratic process, not by market forces

Public health is a public good, but the Trump administration handed it over to corporations. Shocking as this was, the Trump administration’s stance was simply an extension of what it had been doing since it came into office, and what politicians of all stripes have been doing for some fifty ...
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Let the People Decide What Counts as Public Goods