Fact-Based Public Investment

Initiative: Industrial Development Agencies

February 2025
Testimony
Budget Testimony/Taxes: Protect School Revenue from Corporate Handouts, More Transparency for Film/TV Tax Credit Read more
February 2025
Testimony
Budget Testimony/Housing: End NY’s Opportunity Zone Tax break, Stop IDAs from Unconstitutional Housing Projects Read more
February 2025
Testimony
Budget Testimony/Econ Dev: NY Must Stop Wasting $4.5B/Year on Useless Corporate Subsidies Read more
June 2024
Subsidy Sheet
Subsidy Sheet: IDAs don’t work, waste public funds, are corruption prone Read more
June 2024
Subsidy Sheet
Subsidy Sheet: NYS Comptroller: NYC corporate tax breaks shoddily documented Read more
May 2024
Upstate Law Firms Reap Undisclosed Millions from IDA Deals that Cost Public Billions Big political contributions from law firms earning transaction fees on IDA deals may fuel more and larger corporate subsidies. Read more
May 2024
Press ReleaseReport
Upstate Law Firms Reap Undisclosed Millions from IDA Deals that Cost Public Billions Read more
April 2024
Press ReleaseReport
New Report: IDAs Have Perverse Incentive to Give Away Tax Dollars Read more
April 2024
IDAs Have Perverse Incentive to Give Away Tax Dollars IDAs have a perverse incentive to give away tax revenue that would otherwise support schools, parks, and emergency services. Read more
February 2024
Testimony
Testimony: NYS Tax Code Includes Billions in Corporate Subsidy Boondoggles Read more
February 2024
Testimony
Reinvent Albany Testimony: More Housing in NYS, Fewer Tax Breaks Read more
February 2024
Press ConferenceStatement
Support for Senate Skepticism of Corporate Subsidies Read more