On Friday's Cato Daily Podcast, CEA President John Mozena discussed how coalitions are coming together from across the ideological spectrum to take on state-level economic development subsidy programs...and win. Mozena pointed out that potential allies for corporate welfare reform aren't always ideological allies. Sometimes, opposition to these programs can come from self-interested "pocketbook" constituencies, such … Continue reading Cato Daily Podcast: The Broad Coalitions That Stop Corporate Welfare
CEA Cautions Michigan State Senate Against Reviving Failed Corporate Subsidies
On Thursday, September 30, CEA President John C. Mozena testified to the Michigan State Senate's Economic Development and Small Business Committee in opposition to Senate Bills 615 and 623, legislation that would largely recreate past failed economic development subsidy programs in Michigan: https://videopress.com/v/h8B4hBHZ?resizeToParent=true&preloadContent=metadata
Des Moines Register column: Time should be up for Iowa’s slate of terrible tax credits
By mid-July, the corn in Iowa was getting hip-high. So, unfortunately, was the state's flood of corporate tax credits. In a column that originally ran in the Des Moines Journal and has since been reprinted in newspapers across the state, CEA President John C. Mozena and TEF-Iowa Policy Director John Hendrickson helped Iowans understand what … Continue reading Des Moines Register column: Time should be up for Iowa’s slate of terrible tax credits
CEA Comments on Federal COVID Relief Rules
One of the more controversial provisions of the massive federal COVID relief American Rescue Plan Act (ARPA) is the prohibition against states offsetting tax cuts with federal bailout dollars. Many viewed these provisions as violations of basic principles of federalism, and the issue is being worked out in the courts. In general, the CEA is … Continue reading CEA Comments on Federal COVID Relief Rules
Column at RealClear Policy: Federal COVID Relief Imposes Truce in States’ Corporate Welfare Wars
In RealClear Policy, CEA President John C. Mozena and Mercatus Center Research Fellow Michael D. Farren explain how federal COVID relief for state budgets may end up creating a critical opportunity for economic development policy reform. A decade ago, then-Vice President Biden was caught on a live microphone describing the Affordable Care Act’s passage as … Continue reading Column at RealClear Policy: Federal COVID Relief Imposes Truce in States’ Corporate Welfare Wars