OKPOLICY.ORG
I think that all public officials should support clawbacks, because the alternative is to say that we should let the companies take the money and run. It only makes sense that companies should hold up their end of the bargain.
-Greg LeRoy, executive director of Good Jobs First, on “clawback” provisions in tax incentives that require companies that fail or lay off workers to repay public funds. Oklahoma’s Quality Jobs tax incentive, which does not have a clawback provision, has continued to make “job creation” payments to companies even after mass layoffs (Source: http://bit.ly/17iOIem).
