Some states and cities are getting very little for the taxpayer dollars they hand out to companies.
Recent scandals involve economic development programs in New Jersey and Maryland highlight their many flaws, including a lack of oversight and their ineffectiveness.
Amazon’s plan to build a new headquarters in Long Island City faced significant resistance.
AP Photo/Bebeto Matthews
Amazon nixed plans to build a headquarters in Long Island City after some New Yorkers questioned the wisdom of offering billions in tax breaks in exchange for job promises. A Texas study suggests they had reason to worry.
For cities that lost like New Jersey, there may be more than one way to win.
AP Photo/Seth Wenig
Some say the more than 230 cities that lost their bids for Amazon's second headquarters were dupes in the retailer's game. In fact, they were willing participants with their own aims.
Science needs government and new allies to thrive.
Many Budget 2018 measures appear to have origins in proposals advanced by the science community.
Shadow Treasurer Chris Bowen says the cost of cash refunds has exploded.
Scrapping cash refunds on dividends could make the tax system fairer. But super funds could invest less in Australian companies.