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.
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