ZRod
Active member
Just because something is the norm doesn't mean it's right, or good for society.If her constituents are happy with her choices, so be it. The tax breaks happen all the time, at least at first to attract the business. Amazon will just go somewhere else.
Probably very true; but in this case most of these cities were talking about tax breaks from half a billion to over a billion dollars. On top of that they would be shelling out money to Amazon, and potentially upgrading infrastructure for Amazon on the tax payer's dime. That's a terrible plan.I disagree.
I do some work in economic development in our community. I see what happens from community to community. I've seen many situations where communities give benefits to a company to locate there and it works out great for that community. The company gets a break for maybe 5 years, they are invested and there a lot longer than that and the employment and tax base goes up from there.
However, we have all seen the well reported on disasters where communities or states do it completely wrong. Unfortunately, that's what people remember.
The devil is in the details, just like any negotiation.
A company as large and as wealthy as Amazon shouldn't need cities to whore themselves out like that. They could spend their own money. In 2018 Amazon was around 2k per share. You make a plan to cash out 500k stocks and that's a billion dollars right there. I know it's not that simple, but they have the means to fund their own projects and they should.
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