3 ms·

I'd say headline is correct... > Incentives from Texas include as much as $25 million in taxpayer-funded grants, and a 15-year property tax abatement possibly

by cremp 8y ago

I'd say headline is correct... > Incentives from Texas include as much as $25 million in taxpayer-funded grants, and a 15-year property tax abatement possibly worth tens of millions of dollars That's literally what Amazon was forcing cities to do to each-other.

onething 8y ago
There seems to be a difference in scale here. According to the Washington Post, Amazon is getting 2.4 _billion_ in subsidies from Virginia, New York and Tennessee: https://www.washingtonpost.com/local/virginia-news/amazon-hq2-to-receive-more-than-28-billion-in-incentives-from-virginia-new-york-and-tennessee/2018/11/13/f3f73cf4-e757-11e8-a939-9469f1166f9d_story.html?utm_term=.e9f72508a7dc https://www.washingtonpost.com/local/virginia-news/amazon-hq... That is substantially different than a property tax abatement.