[Latteland]

Another perhaps less known aspect of these tax giveaways is that the details are kept secret. They are often embarrassingly huge giveaways, that's one of the reasons they aren't public [1]. I wish we could stop corporate giveaways. I love the software work that amazon is pioneering, they are pushing the envelope, doing great work, enabling companies to grow and do new things. But they are one of the richest companies in the world, they shouldn't get tax credits, imho. I don't think this location info should make it risky.

[1] https://www.businessinsider.com/amazon-hq2-candidates-keep-p...

[privateprofile]

I absolutely agree. Essentially, corporations with huge revenue streams get major tax advantages that are not available to local companies in exchange for "creating jobs".

It turns out that each of those jobs is so costly to taxpayers that the only real benefit is for the politicians that announce the "partnerships" (and the receiving company, obviously).

Here's a couple of interesting articles on the matter:

- https://www.nytimes.com/2012/12/02/us/how-local-taxpayers-ba...

- https://www.theguardian.com/cities/ng-interactive/2018/jul/0...