Category Archives: Good Jobs First

Taxed By The Boss

images.duckduckgoby David Cay Johnston, published April 12, 2012 in Reuters

Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers – and are keeping the money with the states’ approval, says an eye-opening report published on Thursday.

The report  ( PAYING TAXES TO THE BOSS: How A Growing Number of States Subsidize Companies with the Withholding Taxes of their Workers ) from Good Jobs First, a nonprofit taxpayer watchdog organization funded by Ford, Surdna and other major foundations, identifies 16 states that let companies divert some or all of the state income taxes deducted from workers’ paychecks. None of the states requires notifying the workers, whose withholdings are treated as taxes they paid.

General Electric, Goldman Sachs, Procter & Gamble, Chrysler, Ford, General Motors and AMC Theatres enjoy deals to keep state taxes deducted from their workers’ paychecks, the report shows. Foreign companies also enjoy such arrangements, including Electrolux, Nissan, Toyota and a host of Canadian, Japanese and European banks, Good Jobs First says.

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New study outlines trillions handed out in U.S. corporate welfare bonanza

by Tax Justice Network,, published March 17, 2015

GoodjobsdetectiveFrom Good Jobs First in the U.S., a new study looking at the many and varied grants, tax credits and subsidies harvested by large companies. The press release for the report, entitled Uncle Sam’s Favourite Corporations, begins:

Federal “Corporate Welfare” Database Now Online

Study: Large Corporations Dominate Federal Subsidy Awards; Banks, Foreign-Owned Energy Firms and Federal Contractors Among the Biggest Recipients

Two-thirds of the $68 billion in business grants and special tax credits awarded by the federal government over the past 15 years have gone to large corporations. During the same period, federal agencies have given the private sector hundreds of billions of dollars in loans, loan guarantees and bailout assistance, with the largest share going to major U.S. and foreign banks.

These are key findings of Uncle Sam’s Favorite Corporations, a study with accompanying database released today by Good Jobs First, a non-profit and non-partisan research center on economic development accountability based in Washington, DC. They derive from the first comprehensive compilation of company-specific federal subsidy data. The study and database are available at www.goodjobsfirst.org.

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Spanish company tops list of US corporate welfare hogs

by David Cay Johnston, published at Al Jazeera on March 17, 2015

New report represents first effort to measure flow of taxpayer money flowing into company coffers

How much welfare Uncle Sam provides companies has long been one of the great mysteries of taxpayer spending. Like a secret underground river, boodles have flowed out of the Treasury and into corporate bank accounts without notice.

Now we finally have a first look at the size of that river and where the cash goes.

The federal government has quietly doled out $68 billion through 137 government giveaway programs since 2000, according to a new database built by a nonprofit research organization, Good Jobs First. It identified more than 164,000 gifts of taxpayer money to companies. You can look up company names, subsidy programs and other freebies at the Subsidy Tracker 3.0 website.

A report the organization released today, “Uncle Sam’s Favorite Corporations,” shows that big businesses raked in two-thirds of the welfare.

The most surprising and tantalizing finding is the identity of the biggest known recipient of federal welfare. That dubious honor belongs to Iberdrola, a Spanish energy company with a reputation for awful service and admissions of incompetence. It collected $2.1 billion of welfare on a $5.4 billion investment in U.S. wind farms from coast to coast.

In fact, 10 of the 50 biggest recipients of federal welfare are foreign-owned firms. Try to imagine Congress debating a bill giving welfare payments to poor Canadians, Mexicans and Europeans and you’ll see the absurdity of U.S. taxpayers providing welfare to the owners of foreign corporations.

New tool

Phil Mattera, Good Jobs’ research director, created a software tool that matches subsidiaries to parent companies, enabling him to identify the 1,800 parent companies that received welfare. Its database does not cover many known subsidies, such as Agriculture Department payments to corporate farms, and instead focuses on stealth subsidies on which little or no data have been available without digging through mountains of paperwork.

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