Each year, New York spends $7 billion on corporate tax subsidies in the name of job creation. Too much of this money is wasted on corporations that fail to create good jobs and community benefits. The Getting Our Money’s Worth Coalition unites public policy experts, government watchdogs, labor unions, community and religious organizations, and concerned small business owners, workers and taxpayers to reform New York’s economic development system to create good jobs, revitalize our economy, and give local communities directly impacted by development a voice in decision-making.
New York’s economic development system, consisting of hundreds of state agencies, programs, and public authorities, does not operate with the accountability and transparency that taxpayers deserve. Through Getting Our Money’s Worth, we are organizing statewide to prioritize performance, hold corporations accountable, and reinvest public dollars for the public good.
Key Resources related to the Just and Open Business Subsidies (JOBS) Act: