Tracking corporate welfare | Arkansas Blog

Wednesday, December 8, 2010

Tracking corporate welfare

Posted By on Wed, Dec 8, 2010 at 11:56 AM

A grassroots group has put together an evaluation of how well each state discloses taxpayer handouts to businesses. Here's the report.

Does it surprise you to learn that Arkansas gets a grade of F on its transparency about corporate welfare? Not me. It's the embedded view of Arkansas officialdom that it is none of the people's business about how much tax money is passed out, how it is spent or the true value received for public investments. Clawbacks when promises aren't met? Forget about that. (See GASCAP, Generally Accepted Stodola/Chamber Accounting Principles.)

Here,the activist group Good Jobs First evaluated 245 key economic development programs and rated the states on reporting of data on subsidy dollar amounts, job creation numbers, wages, locations, ease of access to data and online data access. Using seven main criteria, each state got a grade on a 100-point scale. Arkansas was scored 0 (zero), along with 12 other states and the District of Columbia.

Tags: ,


Sign up for the Daily Update email
Favorite

Comments (5)

Showing 1-5 of 5

Add a comment

 
Subscribe to this thread:
Showing 1-5 of 5

Add a comment

More by Max Brantley

Readers also liked…

  • Women's March planned in Arkansas to mark Trump inauguration

    Speaking of Donald Trump and in answer to a reader's question: There will be a women's march in Arkansas on Jan. 21, the day after inauguration, as well as the national march planned in Washington.
    • Dec 30, 2016
  • Your daily dose of Jason Rapert

    Sen. Jason Rapert really, really didn't like it when a KATV reporter asked him about the hypocrisy of his political arguments.
    • Feb 4, 2017
  • Campus gun bill clears committee

    The so-called compromise amendment that will allow anyone 25 or older with a training certificate carry a concealed weapon on public college campuses was approved in a Senate committee this afternoon.
    • Feb 21, 2017

Most Recent Comments

Slideshows

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation