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
Op-ed in the Las Vegas Review-Journal: 2020 is no time for subsidies in Nevada
Nevada's economy has been hammered by the COVID-19 pandemic, which virtually eliminated tourism and gaming revenues. Despite the fiscal crisis faced by the state, its elected officials recently announced a $25 million subsidy for a Google data center. The CEA's John Mozena challenged this decision in the Las Vegas Review-Journal: It doesn’t make sense for … Continue reading Op-ed in the Las Vegas Review-Journal: 2020 is no time for subsidies in Nevada
Op-Ed in The Hill: Congress could use bailouts to solve the interstate subsidy war
As Congress reconvenes to discuss another potential round of COVID-19 relief, CEA President John C. Mozena and Mercatus Center Research Fellow Michael D. Farren are in The Hill, discussing their proposal that the federal government require states to end their targeted economic development subsidy programs as a condition of receiving any federal budget bailouts: Congress … Continue reading Op-Ed in The Hill: Congress could use bailouts to solve the interstate subsidy war