Every year New York City gives away billions of tax dollars to corporations and developers through economic development programs. Most developers create good jobs that pay the market-rate to workers who clean, maintain and protect the developments.
But some developers take our tax dollars and create poverty-wage jobs that hurt working families and undercut the going rate for service work in New York City.
Our economic development funds are limited, and we can’t afford to have our tax dollars go to projects that hurt working families, undercut established business and hold back full economic growth.
That’s why we need the Good Jobs Bill (Intro 18-2010).
The Good Jobs Bill, Intro 18-2010, would help ensure family-sustaining jobs are created at developments supported by our tax dollars. By guaranteeing the prevailing wage – the going rate in the city – for office cleaners, residential building workers and security officers, the bill would not only create good jobs for working families but also ensure that established businesses are not undercut by subsidized-developers.
Intro 18-2010 would help create the good jobs needed to help turn our economy around.
Good jobs are the foundation from which healthy families and communities thrive. When wealthy developers take our tax dollars to create poverty-wage jobs, there’s no money going back to our families and our communities. That means no job growth, no economic expansion, and no benefit to New York City residents.
Economists know it; 32 BJ knows it and smart leaders know it.
18-2010 is part of the solution we need in this recession, because taxpayer dollars should only go to developers or businesses that will create good jobs – jobs that allow our families to thrive and help our economy recover.
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