Detroit News column: Detroiters pay too much for economic development deals

During a time period when Detroit's homeowners were paying $600 million in property taxes that the city later admitted were assessed in error, a developer received approval for $615 million in tax breaks and other incentives for just two projects in the city. In another project, the city spent more money to buy a few … Continue reading Detroit News column: Detroiters pay too much for economic development deals

Buffalo News column: Keep emotions out of Buffalo’s soccer stadium debates

While Buffalo's soccer fans might be passionate for the sport and excited about the potential for a new professional team in the city, they should be careful not to let that passion be used by business and political leaders to justify public subsidies for a stadium that would be a bad deal for the community. … Continue reading Buffalo News column: Keep emotions out of Buffalo’s soccer stadium debates

St. Louis Post-Dispatch column: Emotion defeats common sense in St. Louis’s MLS stadium deal

Politicians love it when they can benefit from the emotional connection Americans have with our sports teams. Unfortunately, one of the ways they do that is by handing out subsidies and incentives to pro sports team stadiums, despite all the evidence that they're usually a terrible deal for the community. As the CEA's John Mozena … Continue reading St. Louis Post-Dispatch column: Emotion defeats common sense in St. Louis’s MLS stadium deal

Crain’s Chicago Business column: Economic development deals risk ruining Chicago

In a new column at Crain's Chicago Business, CEA President John Mozena warns Chicagoans that their city's practice of piling fiscal burdens on everyone then exempting a few favored large taxpayers through economic development deals risks throwing the city into a spiral that is all too familiar to other once-great American cities: This spiral happens … Continue reading Crain’s Chicago Business column: Economic development deals risk ruining Chicago