How companies like Amazon and Facebook fleece communities out of billions
Nondisclosure agreements are used by corporations to secure billions of dollars in tax incentives and subsidies with little public oversight. A new campaign calls for an end to the NDA.
On the floor of the Kansas Legislature in early February, lawmakers held a brief debate over a piece of legislation called the Attracting Powerful Economic Expansion Act, or APEX. The bill would provide a substantial tax incentive—estimated at a total of $1.2 billion—to attract a large corporation to build a production plant within the state. The name of the company, though, was a secret.