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
-----
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.
-----
Would you like to get more involved with the social sciences? Email us at communications@socsci.uci.edu to connect.
Related News Items
- Careet RightAs energy shock continues, will more countries turn to price caps on gas?
- Careet RightEconomics of Anteater life
- Careet RightA cash-for-clunkers program could reduce aviation emissions
- Careet RightCalls for rent control increase in Orange County as housing crisis worsens
- Careet RightA look back at Orange County's 2020 response to the Coronavirus pandemic