Implement Subsidy Accountability

Copyright

2021

Published Date

04/16/2021

Published By

Well Being In the Nation Network

Governments spend over $80 billion of public money each year to bring businesses to their area. They give the businesses incentives like tax breaks, low-cost forgivable loans, grants, and utility discounts. These breaks for businesses can be more effective if they are tied to equity goals like increased wages and benefits. Implementing subsidy accountability will ensure that businesses who receive subsidies also support the community.