skip to main content
skip to newscasts

Wednesday, April 24, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

SCOTUS skeptical that state abortion bans conflict with federal health care law; Iowa advocates for immigrants push back on Texas-style deportation bill; new hearings, same arguments on both sides for ND pipeline project; clean-air activists to hold "die-in" Friday at LA City Hall.

view newscast page
play newscast audioPlay

"Squad" member Summer Lee wins her primary with a pro-peace platform, Biden signs huge foreign aid bills including support for Ukraine and Israel, and the Arizona House repeals an abortion ban as California moves to welcome Arizona doctors.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

Subsidy Accountability Report: Wyoming is the Worst

play audio
Play

Thursday, December 15, 2011   

CASPER, Wyo. - Wyoming's version of "Let's Make a Deal" is a little too generous, according to a new report which looks at tax breaks and subsidies for businesses.

The Good Jobs First study examines state requirements for those investments, and ranks Wyoming 49th out of the 50 states when it comes to ensuring money spent creates jobs.

Dan Neal, executive director of the Equality State Policy Center, says the state has long tried to find ways to diversify the economy. The governor recently announced he wants to spend $15 million on incentives for data-center companies.

"These efforts are all well-intentioned, but there's no reason to just give the money away and say, 'Gee, we really hope you'll come here.' "

It's reasonable, Neal says, to require companies accepting the subsidies, tax breaks or other incentives to create good-paying jobs in return. In fact, the report finds many states are already doing that - with Nevada setting some of the highest standards.

Report author Philip Mattera says subsidies, incentives and cash grants can be useful tools for states interested in creating good-paying jobs with benefits, but only if that's clear up front.

"The point is that, unless you set these conditions ahead of time, you really can't complain about the outcome. And if you do have these measures in place, you have some recourse."

The sales-tax exemption for manufacturers, one of Wyoming's most expensive economic development programs, deserves immediate scrutiny, Neal says. The exemption has cost the state more than $32 million in three years.

"We know that the refineries in the state have been taking the manufacturing sales-tax xemption, and at the same time, the refinery down in Cheyenne has eliminated something like 40 jobs."

The economic turmoil can explain some job losses, but Neal says the state's own reports show the exemption has been claimed mostly by manufacturers already in the state, not new businesses bringing new jobs.

The full report, "Money for Something: Job Creatiion and Job Quality Standards in State Economic Development Subsidy Programs," is online at GoodJobsFirst.org.




get more stories like this via email

more stories
Creedon Newell practices teaching construction skills in Wyoming's new career and technical educator bridge course, designed to encourage trades students and professionals to pursue a career in CTE teaching. (Photo by Rob Hill)

Social Issues

play sound

By Lane Wendell Fischer for the Shasta Scout via The Daily Yonder.Broadcast version by Suzanne Potter for California News Service for the Public News …


Environment

play sound

By Naoki Nitta for Civil Eats.Broadcast version by Suzanne Potter for California News Service reporting for the Solutions Journalism Network-Public Ne…

Social Issues

play sound

Concerns about potential voter intimidation have spurred several states to consider banning firearms at polling sites but so far, New Hampshire is …


Environment

play sound

The construction of more solar farms in the U.S. has been contentious but a new survey shows their size makes a difference in whether solar projects …

Political fights were once considered "taboo" for school boards but things like book bans and debates over diversity programs have brought more tension to the day-to-day functions of the panels. (Adobe Stock)

Social Issues

play sound

Minnesota's largest school district is at the center of a budget controversy tied to the recent wave of school board candidates fighting diversity pro…

play sound

Minnesota lawmakers are considering a measure which would force employers to properly classify certain trade union workers and others as employees rat…

Health and Wellness

play sound

By Mary Anne Franks for Ms. Magazine.Broadcast version by Alex Gonzalez for Northern Rockies News Service reporting for the Ms. Magazine-Public News …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021