Issue Position: Corporate Welfare

Issue Position

When giant corporations sought millions of dollars in tax breaks, forcing local residents to pick up the tab, James stood up and told them to "pay your damn taxes."

Alongside Town of Montgomery residents, James called on Medline Industries to withdraw their tax-break application and announced a formal investigation into their lucrative proposal. Just one day before Medline's deadline to respond to the investigative inquiry, the corporation withdrew its tax-break proposal, resulting in $10 million in savings for taxpayers.

In Albany, James introduced a package of bills to better protect taxpayers when corporations seek taxpayer-funded incentives including: banning subsidies when the project occupant is kept secret, prohibiting elected officials from serving on boards that hand out incentives, banning tax breaks to projects that are already under development, and closing a loophole that allows tax breaks to be used to lure companies from one part of the state to another.

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