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.
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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.
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July 2023
“Open ESD” Report Recommends Major Reforms for Secretive State Authority
Report includes 35 specific actions to improve Empire State Development’s transparency, governance, oversight, and ethics.
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April 2023
New Report Shows Buying Influence Works
The science is clear: Gifts, including campaign contributions, influence the decision-making of elected officials.
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March 2023
Major Studies Show Film and TV Tax Credit Programs Create Little Payoff
NYS leaders are proposing a massive expansion of NY’s film/TV tax credit that would cost $7B over the next decade. There's substantial evidence that these credits don't create the promised effects on jobs, incomes, or economic growth.
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February 2023
Debunked: 25 Major Studies Showing Corporate Handouts Do Not Work
There is overwhelming evidence that government handouts to corporations and industries are a waste of taxpayer funds.
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February 2023
NY Opportunity Zones May Be Subsidizing Guns, Oil, Crypto
NY may be subsidizing investments in gun mega-sellers, oil companies, and crypto mining under the Opportunity Zone (OZ) tax break, Reinvent Albany said in new report: “Guns, Oil, and Crypto.”
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January 2023
State Still Keeping Nine Big Secrets About Vornado/Penn Station Deal
ESD and the Hochul administration continue to hide basic information about the Penn Station redevelopment project. We call on them to be fully transparent with the public and release this critical information.
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November 2022
Everyone Says They Love Workforce Development, But What, Exactly, Is It?
NYS has over 500 workforce development programs but doesn’t have an actual definition of “workforce development.” This report explores the many definitions of workforce development and proposes solutions for improving it.
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October 2022
In a Healthy Democracy, Facts Matter (20 Major Studies on Business Subsidies)
20 Major Studies Showing Taxpayer Subsidies to Businesses Don’t Work
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August 2022
Key Sources on Penn Station Redevelopment Plan
Reinvent Albany has compiled a list of key sources on the Penn Station Redevelopment Plan. We will continue to update.
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July 2022
Watchdog Report Uncovers $1.2B Tax Break for Vornado in Opaque Penn Station Financing Scheme
Reinvent Albany published a detailed analysis of NYS’s secretive plan to pay for Penn Station upgrades.
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