Quote:
Originally Posted by torquer
What jobs going away?
Amazon is dangling an offer of 50,000 jobs to any locality that meets their terms for a second headquarters:
https://www.nytimes.com/reuters/2017...s-factbox.html
Of course those terms include "The availability of incentives including site preparation, tax credits and exemptions, relocation and workforce grants, and fee reductions."
Who do they think they are, the NFL? |
Corporate welfare? Really? well what about the tax revenue coming from 50,000 people into the city coffers? 50,000 people buying stuff and paying sales tax, 50,000 people buying homes and paying homeowners taxes, 50,000 employed some of which may be on unemployment, 50,000 people means more new businesses popping up to serve those people which means they pay more taxes into the city coffers not to mention new employees for those too; in other words...money, money, money flowing into the winning city which is why there is a bidding war going on because those cities know they stand to make a mint.