The Washington, D.C.-based Good Jobs First has released a list of healthcare providers nationwide who have accepted CARES Act money, and Tennessee entities are among them.
Good Jobs First officials announced the news in a press release on their website. Read More
Tennessee lost more than $159 million in revenue to tax abatement programs in 2018.
The state also lost $226 million to these programs in 2017. Read More
Tennessee officials reportedly made concessions to Volkswagen to get the company to construct a new electric vehicle plant in Chattanooga, according to The Chattanooga Times Free Press. But, as the paper went on to say, state residents may not yet see a list of those concessions, which are apparently financial.… Read More
Government officials are “whipsawed” into handing out corporate welfare and other tax incentives to companies like Amazon, as they did this month in Tennessee, among other places, according to the head of a Washington D.C.-based nonprofit. This is especially true as government officials try to entice a company to come… Read More
The state of Tennessee has thus far given Volkswagen $818.8 million in corporate subsidies, going back several years. Nissan, meanwhile, got $536.7 million. DowDuPont received $486.7 million in subsidies. These are among the latest updates from Good Jobs First, a Washington, D.C.-based policy resource center that monitors corporate subsidies nationwide.… Read More
A federal appeals court just ruled that states that hand out TV and film credits — as Tennessee does — can prosecute people who lie or mislead to get those corporate welfare benefits. Tennessee gave out millions of dollars in incentives to the fictionalized TV drama “Nashville” and more than… Read More