A blog about public records …
Tracking down the investors who want Georgia to give them $125 million in tax credits isn’t as easy as it should be. A walk through online disclosures identifies some of the suits who hope to be getting some of that.
Why should Georgia give corporations — including many based in other states and countries — a special tax break during a recession when it cannot afford to pay for schools, parks, courts and child protection? That is just what two House bills would do, even though more than half of corporations pay the minimum for the corporate net worth tax — just 10 bucks.
On Thursday, the government released data claiming $16 billion in stimulus money has saved or created 30,383 jobs. Extrapolating those numbers, the administration’s chief economist estimated total stimulus spending would mean more than 1 million new or saved jobs. But do the 30,000 jobs represent a good return? And since the federal contracts for which data was reported this week represent just a sliver of the overall stimulus package, what do they really say about the impact of the stimulus as a whole?