Each year, U.S. states and cities spend tens of billions of dollars on corporate tax breaks in a quest to secure new jobs and economic development. This includes deals such as Foxconn in Wisconsin—but also for sports stadiums, big-box stores, and the Trump International Hotel at the historic Old Post Office in Washington, D.C.
How can cities and states ensure economic development works for all their residents—not just big corporations and the rich?
Please join the Center for American Progress for a discussion on who all that money really helps and how cities and states can ensure that their economic development is fair and inclusive.
Copies of The Billionaire Boondoggle: How Our Politicians Let Corporations and Bigwigs Steal Our Money and Jobs will be available for purchase at the event.
Featured guests:
Olugbenga Ajilore, Senior Economist, Center for American Progress
Vanessa Williamson, Senior Fellow in Governance Studies, Brookings Institution
Pat Garofalo, Managing Editor, TalkPoverty; author of The Billionaire Boondoggle: How Our Politicians Let Corporations and Bigwigs Steal Our Money and Jobs
Moderator:
Robert Schlesinger, President, Schlesinger Communications; former Managing Editor for Opinion, U.S. News & World Report