4 ms·
My city (Louisville) would be a prime candidate due to proximity to UPS WorldPort, and Amazon already has a bunch of facilities here. That said, screw these gu
by revmoo 9y ago
My city (Louisville) would be a prime candidate due to proximity to UPS WorldPort, and Amazon already has a bunch of facilities here.
That said, screw these guys. I'll make sure to have my voice heard if my city tries to offer them tax rebates to come here. Everyone needs to pay taxes, especially gigantic corporations. I hate that companies like this even have the nerve to expect these sorts of breaks.
- mhb 9y agoEveryone needs to pay taxes Why is this different than New Hampshire competing with other states by having no income tax?
- mywittyname 9y agoHonestly, because it's a race to the bottom. On top of that, there have been many instances of companies negotiating massive tax breaks only to relocate again after a few years. Those tax dollars are better spent making the city more attractive to people and improving the universities. This will provide for more organic growth through startups founded by people anchored to the city by their social network.
- mhb 9y agoI could see why a city wouldn't want to pay real money and then have the company move, but what's the problem if they agreed not to tax Amazon and then Amazon relocates?
- bnjms 9y agoThe key here is that the incentives appear to be for a certain company and are not fairly applicable to all companies. Giving those with the best economy of scale yet another advantage. People are often against unfair advantage.
- rco8786 9y agoDoesn't it say population > 1m?
- Johnny555 9y agoLouisville has a local payroll tax, even if Amazon Corporate gets property or other tax breaks, 50,000 highly paid employees would bring in a lot of local tax revenue.