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Good Jobs First
PI Original
by Ellyn Fortino
7:14pm
Wed Mar 11

Report: 'Tax Fairness' Key To Solving Illinois Budget Crisis

Illinois could generate up to $8.6 billion in new revenue annually if it were to embrace "tax fairness," according to a new report by Good Jobs First and the Keystone Research Center.

Quick Hit
by Ellyn Fortino
7:31pm
Tue Feb 10

Corporate Subsidies Contributing To Economic Inequality, Study Shows

State and local economic development subsidies awarded to large corporations are exacerbating inequality in America, argues a recent report by Good Jobs First.

Such subsidies are intended to spur economic development and job creation. But, as the report points out, they tend to be given to low-wage employers as well as billionaire-owned "profitable, growing companies that do not need tax breaks to finance a project, meaning that the subsidies serve mainly to increase profits."

"Inequality has many causes, and now we can say development subsidies are among them," said Greg LeRoy, executive director of Good Jobs First, a Washington, D.C.-based subsidy watchdog group. "Subsidies are being awarded to large, profitable companies controlled by billionaires such as Warren Buffet's Berkshire Hathaway, while we have too many communities that really need the help."

PI Original
by Ellyn Fortino
12:27pm
Thu Jun 13, 2013

The Pros And Cons Of Chicago’s TIFWorks Program

Chicago's TIFWorks program provides tax increment financing (TIF) funds to help cover workforce-training costs for employers. Job trainers say the program offers much-needed resources for workforce development. But others say TIFWorks needs to be more transparent and accountable. Progress Illinois takes a closer look at the program.

Quick Hit
by Ellyn Fortino
1:36pm
Thu May 2, 2013

New Study Challenges Prominent Business Climate Rankings (UPDATED)

Prominent studies that rank states’ business climates often contradict each other and should not be used to inform public policies, according to a new “Grading Places” report published by the Washington, D.C.-based Good Jobs First.

“There’s no such thing as a state business climate,” said Greg LeRoy, executive director of Good Jobs First, on a conference call with reporters. “One size can’t fit all. Things vary much too much among different kinds of business facilities and among metro areas. There are no silver bullets. There [are] no magic variables.” <--break->