Municipal broadband networks have been gaining traction across the country. It’s easy to see why: In many rural and low-income communities, privately offered broadband services are nonexistent. In its 2012 Broadband Progress Report the Federal Communications Commission counted nearly 20 … Read More
Is the Super Bowl a socialist enterprise? Yes the language is provocative but not, I believe, inappropriate. After all Indiana, the site of the next Super Bowl, is currently governed by those who insist government should play a minimal role … Read More
Handing out multimillion-dollar subsidies to large chains has become commonplace in much of the country. But when governments use public money to woo national chains, economic growth and job creation are negligible, and independent retailers suffer, Stacy Mitchell argues in this commentary for Business Week.
Doing so would ease budget shortfalls and restore a measure of fairnessfor small businesses, which lack access to these loopholes and end upshouldering a heavier tax burden than their big competitors. Some evidence even suggests that leveling the playing field may help spur entrepreneurialism and job growth.… Read More
Despite an enormous commitment of public funding to support retail development, neither taxable sales nor retail employment has grown significantly in the St. Louis, a new report finds. The report concludes that development incentives have done nothing to boost tax revenue in the metro and "the overall fiscal health of local governments in the region is increasingly tenuous.… Read More
Little-noticed laws in more than half the states allow retailers to keep a portion of the sales taxes they collect from shoppers. The practice is costing states over $1 billion a year and lining the pockets of large chains, notably Wal-Mart. … Read More
For years, chain retailers have exploited a loophole present in the tax laws of about half the states to escape paying billions of dollars in state income taxes. Efforts to close these loopholes have faced an uphill struggle, but the momentum may finally be shifting, thanks to research that has exposed the extent of the problem and its primary corporate beneficiaries, as well as new activism by independent business owners, who are breaking rank with powerful business groups to call for tax fairness.… Read More
For years local business owners and their supporters in the Arizona legislature have tried to put an end to the massive subsidies that cities in the Phoenix metro routinely dole out to chain retail developers. Bills to prohibit the giveaways were introduced in session after session, only to fail. But this year, lawmakers at last endorsed a measure that outlaws subsides for retail projects in Maricopa and Pinal counties, which encompass the Phoenix metro and include two-thirds of the state’s population. … Read More