Thursday, October 16, 2014

Rent-Seeking Update: Gov. Cuomo reigns over the kingdom of corporate welfare

The Washington Examiner reports:
Gov. Andrew Cuomo is very fond of giving taxpayer money to businesses. So were his predecessors, and so is the state legislature. The result: New York leads the country in state money to individual companies — by a lot — according to a study by Mercatus scholar Veronique de Rugy.

Washington State — which has given a couple of very large incentive packages to Boeing — comes in second place.
Corruption update.