> But that's not what a tax incentive is. The incentive is: bring your business here, create jobs, add economic fluidity with your workforce and you don't have

> But that's not what a tax incentive is. The incentive is: bring your business here, create jobs, add economic fluidity with your workforce and you don't have to pay 3 billion dollars in taxes. It's true, but it's not like your employees also get a tax break. It seems again like the workers are shouldering the burden. The only reason why this works is because it's a race to the bottom where big companies get huge benefits to their taxes because they can shop around (just like Amazon did with the whole HQ2 thing), and then pick who treats them best. Most businesses don't have that kind of leverage. If no state offered any tax incentives like this, then companies would just end up paying more taxes, right? We could get into moving your company to another country, but for Amazon this would mean a lot of things, like increased shipping times, customs, etc. From https://theweek.com/articles/754007/are-corporate-tax-incentives-worth https://theweek.com/articles/754007/are-corporate-tax-incent... "Economists say that most of the time, the incentives are counterproductive — a zero-sum game in which jobs created in one community come at the expense of jobs lost somewhere else. The real winners are companies, which are able to play municipalities against one another so as to be freed of paying taxes other businesses (and homeowners) do. The result is a "race to the bottom," leaving cities with less to spend on infrastructure improvements and public education. At the same time, companies increase expenses for communities by drawing on public resources, including sewer systems, roads, power lines, and schooling for workers' children. Last year, Wisconsin pledged $3 billion in incentives to electronics manufacturer Foxconn to build a plant in Racine County that the company says will eventually employ 13,000 workers. But according to Wisconsin's own estimates, the cost to taxpayers per job created is $230,700, and the state won't recoup its investment until 2043." And now more recently, Foxconn has been saying they won't even have as many jobs as they thought! https://www.chicagotribune.com/business/ct-biz-foxconn-plant-hiring-target-20190205-story.html https://www.chicagotribune.com/business/ct-biz-foxconn-plant...