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Yes, that's correct. No tax break is structured as a check that just shows up. They're usually contingent on meeting hiring thresholds or tenure. Amazon's tax
by whatok 8y ago
Yes, that's correct. No tax break is structured as a check that just shows up. They're usually contingent on meeting hiring thresholds or tenure. Amazon's tax breaks were going to be by head over several years.
- addicted 8y agoSignificant parts of the Wisconsin Foxconn deal were structured that way (such as development of infrastructure, etc). The Amazon deal only benefits Amazon if they put money in, AFAICT. The government isnt on the hook to build anything for them. They get tax breaks on property and income taxes.