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by yumario 2771 days ago
This type of tax incentives should be illegal. A lot of people argue that NYC still benefits from this deal, but we should not be thinking at a city level. But a country level, does the country benefits from this? No.

Has these type of incentives been illegal, Amazon would have to pick a city from the US and the overall US economy would be 1.5 billion richer.

The problem with incentives is that presents a "prisoner dilemma" to cities. And overall drives taxes down.

Sorry for my English.