The Center For Economic Accountability Interview
Each year, the US government gives billions of dollars to companies that only boost their corporate welfare. In 2019, New York City handed $2.8 billion in tax breaks. That’s more money spent on tax breaks than on the city’s fire departments and jails. But what’s more damning is that local governments are giving out subsidies to businesses, and they’re not being transparent about it.
The Center for Economic Accountability is bringing transparency, accountability, and reform to state and local economic development subsidies and incentives in the United States.
Find out how the Center for Economic Accountability tries to encourage the government to create free-market policies.
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February 22, 2023
The Center For Economic Accountability Is Advocating For Free Market Based Reforms on State and Local Level
#495 Great.com Talks With... The Center for Economic Accountability
America today gives more subsidies to stadiums than any other country in the world. Professional sports teams in America are receiving hundreds of millions of dollars for something they're fully capable of covering themselves. The need to reform state and local subsidies and incentives in the United States falls on deaf ears. In today's episode, we talked with John Mozena, Director at the Center for Economic Accountability.
They are a nonprofit organization that wants to reform poor governance practices that affect Americans. John says that the biggest challenge they have is to get people to pay attention. Namely, most Americans aren't aware of where taxpayer money goes to.
Free Market Based Reforms on State and Local Level
The organization's mission is to promote economic growth by promoting free market-based reforms build on transparency and accountability. If companies are receiving subsidies to create jobs, the government must keep track of these claims. The Center for Economic Accountability wants to achieve exactly that. They want companies to be held accountable for receiving money and creating jobs in case they fail to reach that goal.
John says that the Center for Economic Accountability partners with organizations and stakeholders across different industries to make state and local economies freer, fair, and open to all.
Listen to the whole interview to find out how the Center for Economic Accountability is fighting for free market-based reforms and economic development deals that benefit everyday Americans. They are a nonprofit, nonpartisan educational and advocacy organization and they welcome your donations.
Want to know more about the Center for Economic Accountability? Make sure to read their news section, and follow them on Twitter.
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