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by jroseattle
3066 days ago
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This entire thought process assumes that tax incentives and such are the difference maker in this process. That it's an auction that goes to the highest bidder. This is highly inconsistent with Amazon's approach for long-term projects. Do they want their HQ2 home to have some skin in the game? For sure. But what form does that take? Suppose a city could offer Amazon $50MM in tax credits over some duration of time. Suppose another city offered to invest into local infrastructure investment -- roads, transit, broadband, etc. While $50MM is a lot of money (even to Amazon), the second alternative is much more appealing. The HQ2 winner is going to be someone who is forward-thinking, not just whoever rounded up the best gift basket. |
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