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> The company has asked for very specific information on all the state, regional and local incentives communities are willing to offer, and the timelines for ho
by brownbat 9y ago
> The company has asked for very specific information on all the state, regional and local incentives communities are willing to offer, and the timelines for how long it would take to approve them. Amazon concludes its proposal by stressing that this a “competitive project.” So let the competition among cities begin!
Sigh. I know these could be good in some situations, but sometimes I wish cities had a most favored company law: every business that employs people gets the same tax benefits as the company that got the best deal. Cities could only agree to things that were good for businesses generally, rather than letting one or two ignore the rules for five years before they suddenly relocate to shop for a better deal.
Relevant Planet Money: http://www.npr.org/sections/money/2016/05/04/476799218/episode-699-why-did-the-job-cross-the-road http://www.npr.org/sections/money/2016/05/04/476799218/episo...
- ISL 9y agoThat works as long as there are no other cities playing the game.