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Protecting Public Education From Tax Giveaways to Corporations
From: National Education Association
Are corporate subsidies undermining quality public education? This report explores the effects of Tax Increment Financing (TIF) on school districts across America. Although TIF's purpose is to revitalize distressed areas, TIF often diverts funding from local schools that badly need money. This report shows that corporate growth through development subsidies such as TIF comes at the cost of educational investment. Are we surprised though? Really. The report offers models of resistance in different states and offers solutions that increase school's participation in subsidy decisions so as to promote both business revitalization and quality public education.
Posted by: Dennis Chin
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