Greg LeRoy of Good Jobs First

Sep 16, 2016

Greg LeRoy directs Good Jobs First, a national policy research center promoting corporate and government accountability in economic development. See http://www.goodjobsfirst.org/. A long-time critic of the lack of transparency, necessity, and accountability in the escalating use of state/local tax breaks to attract corporate facilities (estimated at $70 billion a year), Good Jobs First is also a persistent agent of policy change. It recently celebrated the Governmental Accounting Standards Board’s (GASB) issuance of its first-ever rule requiring most state and local governments to report how much revenue they lose to corporate tax breaks given for economic development.  Greg talked about the different types of tax breaks, the problems they present, and the case of the $1.65B tax break given by the state to land the Royal Dutch Shell Ethane Cracker Plant in Beaver County PA.  The recent GASB changes were also discussed, followed by Q&A.  The event was covered by the Pittsburgh Post Gazette, and more details are available here: http://powersource.post-gazette.com/business/development/2016/09/17/Good-Jobs-First-executive-director-Greg-LeRoy-talks-corporate-subsidies-at-Heinz-College-forum/stories/201609170045

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