Google’s secrecy agreement with the Montgomery County IDB should be undone

On Dec. 22 2015, the Industrial Development Board of Montgomery County entered into a “Payment in Lieu of Tax Agreement” with Google “to induce” it to build and operate an Continue Reading

New accounting standard to require governments to disclose cost of tax breaks

The Governmental Accounting Standards Board approved a new rule on Monday that requires governments to include in financial statements the value of tax abatements given to companies to spur economic development starting next Continue Reading