JPMorganChase received a $77 million tax break from Rockland County (near the New Jersey border) to expand a data center while committing to create exactly one permanent job — the largest per-job subsidy of its kind in the country. This matters because it exemplifies how industrial development agencies originally designed to attract job-creating businesses are now subsidizing capital-intensive projects that employ few people, transferring public money to major corporations while providing minimal community benefit. What the post doesn't mention: the IDA executive argues the deal makes economic sense when factoring in 1,400 temporary construction jobs and ongoing contractor work, though critics like Good Jobs First say this doesn't justify the subsidy level — a genuine debate among economists about whether per-job cost is the right metric for evaluating these deals.