Subsidizing Extra Jobs
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Author | : Greg LeRoy |
Publisher | : Berrett-Koehler Publishers |
Total Pages | : 299 |
Release | : 2005-07-21 |
Genre | : Business & Economics |
ISBN | : 1609943511 |
For the past 20 years, corporations have been receiving huge tax breaks and subsidies in the name of "jobs, jobs, jobs." But, as Greg LeRoy demonstrates in this important new book, it's become a costly scam. Playing states and communities off against each other in a bidding war for jobs, corporations reduce their taxes to next-to-nothing and win subsidy packages that routinely exceed $100,000 per job. But the subsidies come with few strings attached. So companies feel free to provide fewer jobs, or none at all, or even outsource and lay people off. They are also free to pay poverty wages without health care or other benefits. All too often, communities lose twice. They lose jobs--or gain jobs so low-paying they do nothing to help the community--and lose revenue due to the huge corporate tax breaks. That means fewer resources for maintaining schools, public services, and infrastructure. In the end, the local governments that were hoping for economic revitalization are actually worse off. They're forced to raise taxes on struggling small businesses and working families, or reduce services, or both. Greg LeRoy uses up-to-the-minute examples, naming names--including Wal-Mart, Raytheon, Fidelity, Bank of America, Dell, and Boeing--to reveal how the process works. He shows how carefully corporations orchestrate the bidding wars between states and communities. He exposes shadowy "site location consultants" who play both sides against the middle, and he dissects government and corporate mumbo-jumbo with plain talk. The book concludes by offering common-sense reforms that will give taxpayers powerful new tools to deter future abuses and redirect taxpayer investments in ways that will really pay off.
Author | : United States. Congressional Budget Office |
Publisher | : |
Total Pages | : 84 |
Release | : 1977 |
Genre | : Business enterprises |
ISBN | : |
Author | : Richard Breen |
Publisher | : Dublin : Economic and Social Research Institute |
Total Pages | : 114 |
Release | : 1989 |
Genre | : Business & Economics |
ISBN | : |
Author | : Timothy J. Bartik |
Publisher | : Russell Sage Foundation |
Total Pages | : 486 |
Release | : 2001-06-11 |
Genre | : Business & Economics |
ISBN | : 1610440285 |
Even as the United States enjoys a booming economy and historically low levels of unemployment, millions of Americans remain out of work or underemployed, and joblessness continues to plague many urban communities, racial minorities, and people with little education. In Jobs for the Poor, Timothy Bartik calls for a dramatic shift in the way the United States confronts this problem. Today, most efforts to address this problem focus on ways to make workers more employable, such as job training and welfare reform. But Bartik argues that the United States should put more emphasis on ways to increase the interest of employers in creating jobs for the poor—or the labor demand side of the labor market. Bartik's bases his case for labor demand policies on a comprehensive review of the low-wage labor market. He examines the effectiveness of government interventions in the labor market, such as Welfare Reform, the Earned Income Tax Credit, and Welfare-to-Work programs, and asks if having a job makes a person more employable. Bartik finds that public service employment and targeted employer wage subsidies can increase employment among the poor. In turn, job experience significantly increases the poor's long-run earnings by enhancing their skills and reputation with employers. And labor demand policies can avoid causing inflation or displacing other workers by targeting high-unemployment labor markets and persons who would otherwise be unemployed. Bartik concludes by proposing a large-scale labor demand program. One component of the program would give a tax credit to employers in areas of high unemployment. To provide disadvantaged workers with more targeted help, Bartik also recommends offering short-term subsidies to employers—particularly small businesses and nonprofit organizations—that hire people who otherwise would be unlikely to find jobs. With experience from subsidized jobs, the new workers should find it easier to obtain future year-round employment. Although these efforts would not catapult poor families into the middle class overnight, Bartik offers a powerful argument that having a full-time worker in every household would help improve the lives of millions. Jobs for the Poor makes a compelling case that full employment can be achieved if the country has the political will and adopts policies that address both sides of the labor market. Copublished with the W. E. Upjohn Institute for Economic Research
Author | : |
Publisher | : DIANE Publishing |
Total Pages | : 65 |
Release | : 1998-03 |
Genre | : Social security |
ISBN | : 078814555X |
This publication informs advocates & others in interested agencies & organizations about supplemental security income (SSI) eligibility requirements & processes. It will assist you in helping people apply for, establish eligibility for, & continue to receive SSI benefits for as long as they remain eligible. This publication can also be used as a training manual & as a reference tool. Discusses those who are blind or disabled, living arrangements, overpayments, the appeals process, application process, eligibility requirements, SSI resources, documents you will need when you apply, work incentives, & much more.
Author | : United States. Congress. House. Committee on the Budget |
Publisher | : |
Total Pages | : 344 |
Release | : 1999 |
Genre | : Free enterprise |
ISBN | : |
Author | : John Bishop |
Publisher | : |
Total Pages | : 60 |
Release | : 1991 |
Genre | : Employment subsidies |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 180 |
Release | : 1974 |
Genre | : Employment subsidies |
ISBN | : |
Author | : Richard Layard |
Publisher | : Springer |
Total Pages | : 553 |
Release | : 1999-04-12 |
Genre | : Business & Economics |
ISBN | : 0230379206 |
Richard Layard is one of Britain's foremost applied economists, whose work has had a profound impact on the policy debate in Britain and abroad. This book contains his most influential articles on the subject of unemployment. It is published along with a companion volume Inequality , which deals with these topics and with economic transition. Unemployment explains what causes unemployment and proposes remedies to reduce it. There is a strong focus on how unemployed people are treated and how this affects unemployment - including Layard's well-known recommendation of a job-guarantee for long term unemployed people. Other key topics covered are the effect of unions and wage bargaining, the effect of low skill, and the possible role of rigid employment laws. The book opens with Richard Layard's personal credo Why I became an Economist .
Author | : United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures |
Publisher | : |
Total Pages | : 228 |
Release | : 1984 |
Genre | : Employment tax credit |
ISBN | : |