By John C. Mozena General Motors is closing its Arizona IT Innovation Center in Chandler, Ariz. and eliminating 940 jobs there in an object lesson on government “economic development” programs’ ineffectiveness in the face of business reality. The short and tragic history of GM’s subsidized hit-and-run in Chandler should be a wake-up call for taxpayers … Continue reading Learning the Lesson from General Motors’ Subsidized Hit-and-Run in Chandler, Ariz.
Tucson’s proposed tax break expansion doesn’t add up
Tucson’s plans to expand its economic development tax incentives are based on politics and bad math, not what’s best for the city’s residents and business community. Instead of being allowed to hand out more free money to developers and a few favored business owners, Tucson’s politicians and bureaucrats should have to answer some tough questions … Continue reading Tucson’s proposed tax break expansion doesn’t add up