Trudi Renwick and Ron Deutsch on Reforming Economic Development Incentives
Our guests today are
Trudi Renwick, senior economist with the Fiscal Policy Institute, and
Ron Deutsch of New Yorkers for Fiscal Fairness. Renwick and Deutsch
discuss the problems of New York?s Empire Zone program and
other subsidies for economic development, and explore some of the
possible solutions. They criticize the conventional wisdom that
cutting taxes and offering corporate subsidies are the most effective
way of promoting economic development, and they raise issues such as
the lack of transparency and the expansion of Empire Zone programs
into relatively wealthy areas at the expense of more impoverished
The occasion for this
discussion is our guests? recent visit to Buffalo recently to
participate in the conference The High Road Runs Through the City:
Advocating for Economic Justice at the Local Level, organized by
UB Law Professors Sara Faherty, Sam Magavern, and Martha McCluskey,
and hosted by UB?s Baldy Center on Law and Social Policy,
Cornell University ILR School, and the Coalition for Economic
Justice. Ms. Renwick was a speaker on the panel, Who Benefits?
State and Local Subsidy Reform. Join us for a conversation with
Vineeta Baronos and Gal Shalev, students at the University at Buffalo
Law School, as they interview Trudi Renwick and Ron Deutsch.
Thank you for joining us today. The theme music is Baja Taxi by Brain Buckit, and is available through the Podsafe Music Network. Please join us again next time for another conversation from University at Buffalo Law School.
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