Here's why accepting billions of dollars in incentives for HQ2 could be dangerous for Amazon (opinion)
Here's why accepting billions of dollars in incentives for HQ2 could be dangerous for Amazon (opinion)
- October 2, 2018
- Ami Glazer, economics, via Business Insider
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Amazon, you are in the process of choosing the site for your second headquarters, with promises of up to 50,000 jobs and $5 billion investments. Not surprisingly, cities are eager to attract you, and are offering large incentives — Maryland offers $8.5 billion in tax and infrastructure incentives, and Newark $7 billion.
But as an economics professor, I'm here warn you to give little weight to the incentives in your decision.
First, politics can turn on a company that voters view as greedy.
Read on, courtesy of Business Insider.
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