Ohio GOP governor candidate Vivek Ramaswamy has investments with a venture capital firm that’s backed every one of the defense company Anduril’s funding rounds. Anduril is receiving more than $830 million in state incentives to build a production facility.
“Every dollar JobsOhio spends should be in the service of that goal, but recent revelations have cast serious doubt on whether that is the case,” said Tristan Rader.
The one episode that JobsOhio funded and actually got made received fewer than 4,000 views on YouTube. Most of those appeared to have taken place after news of Carter’s departure broke on Monday. None of the others had more than 200.
The state has a long history of foregoing huge amounts of tax revenue on the argument that giving wealthy people and businesses tax breaks will create jobs.
Under the original agreement, JobsOhio was given control of the liquor franchise until 2039 in exchange for $1.41 billion to be paid to the state. The Ohio Controlling Board on Wednesday extended the agreement to 2053 for no additional money.
Dave Yost has asked a state board to delay extending JobsOhio’s lease of the state liquor franchise, saying that it doesn’t appear the entity is providing anything to taxpayers in exchange