2 ms·
Do cities pay for Amazon Warehouses? I guess it would be comparable to countries trying to attract businesses by giving them tax breaks?
by kkjjkgjjgg 5y ago
Do cities pay for Amazon Warehouses?
I guess it would be comparable to countries trying to attract businesses by giving them tax breaks?
- mnd999 5y agoAs far as I can tell it’s a fairly regular occurrence. https://fortune.com/2020/08/23/amazon-coronavirus-taxes-local-governments/ https://fortune.com/2020/08/23/amazon-coronavirus-taxes-loca...
- kkjjkgjjgg 5y agoI would guess, as I said, that towns simply compete for the business by making them an attractive offer. For example even when selling the ground for the warehouse towns could give Amazon a cheaper price while hoping for more future income in taxes. Presumably that would apply to other companies as well. The bit about "paying to destroy mainstreet" is of course nonsense. Amazon's business would exist either way.