In November 2018 the online e-commerce company Amazon announced it would be building a second headquarters in New York City and Arlington, VA. The announcement came a year after the company announced it would accept proposals from any North American city who wanted to host the headquarters. Amazon said the company could invest over $5 billion and the offices would create up to 50,000 high paying jobs. More than 200 cities applied and offered Amazon millions of dollars in economic incentives and tax breaks. For the New York City headquarters the city and state governments gave Amazon $2.8 billion in tax credits and construction grants. For the Arlington, VA headquarters the city and state governments gave Amazon $500 million in tax breaks. Opponents argue that governments should spend the tax revenue on public projects instead and that the federal government should pass laws banning tax incentives. The European Union has strict laws which prevent member cities from bidding against each other with state aid (tax incentives) in an effort to lure private companies. Proponents argue that the jobs and tax revenue created by the companies eventually offset the cost of any awarded incentives.
@92JXK3J7mos
Yes as long as the company plans to employ local citizens of the area and I would prefer a lower corporate tax for all businesses, but I believe personally that this should be left to the states.
@LiamHal786386408mos
Nationalize all Industry
@8YWHYGD10mos
No, but punish them for moving jobs out of the country, and spend that money on improving infrastructure and the community to attract companies.
@7PTCG3812mos
Yes, as long as three criteria are met: the local environment is not compromised, the company promises to create new jobs by hiring local residents, and the tax revenue will eventually exceed the tax incentives
@8Z3HWKL12mos
No, spend that money on improving the community and infrastructure, and the government shouldn’t subsidize private businesses.
@7PTCG3812mos
Yes, as long as the company promises to create new jobs by hiring local residents and the tax revenue will eventually exceed the tax incentives
@8YK8V7Y1yr
Honestly I'm not too sure
@7PTCG381yr
Yes, but only if three criteria are met: the local environment is not compromised, the tax revenue will eventually exceed the tax incentives, and the company promises to create new jobs by hiring local residents
@7PTCG381yr
Yes, as long as three criteria are met: the local environment is not compromised; the tax revenue will eventually exceed the tax incentives; the company promises to create new jobs by hiring local residents
Yes, but that money should instead be spent on improving infrastructure and the community to attract companies
@8WNZXJ41yr
Yes as long as the environment isn't harmed and it is beneficial such as providing more jobs for locals and people overall, etc.
@7PTCG381yr
Yes, as long as three criteria are met: the local environment is not compromised, the tax revenue will eventually exceed the tax incentives, and the company promises to create new jobs by hiring local residents
@8THH6VK2yrs
No; punish private companies for moving jobs out of the country, the government should never, and spend the money on improving infrastructure and the community
@8TB798W2yrs
Yes, but only in tax reductions. I would prefer taxes be lowered for everyone rather than for individual companies.
@7PTCG382yrs
Yes, as long as the tax revenue will eventually exceed the tax incentives, the local environment is not compromised, and the company promises to create new jobs by hiring local residents
@7PTCG382yrs
Yes, as long as the local environment is not compromised and the tax revenue will eventually exceed the tax incentives
@7PTCG382yrs
Yes, as long as the local environment is not compromised, the tax revenue will eventually exceed the tax incentives, and the company promises to create new jobs by hiring local residents.
@8RSTXFT2yrs
Yes, it should be allowed, but it should not be mandatory for private companies to relocate if they do not wish to.
@7PTCG382yrs
Yes, as long as the local environment is not compromised, the tax revenue will eventually exceed the tax incentives, and the company promises to create new jobs by hiring local residents
@8D5J4RR2yrs
All of the yes options but the last one (lower corp tax). Set the standard to 25% nationally and 2.5% state and 2.5% municipal.
@8QKJ7R92yrs
Yes, as long as the tax revenue will eventually exceed the tax incentives, and if the company promises to create new jobs by hiring many local residents
@7PTCG382yrs
Yes, as long as the the company promises to create new jobs by hiring local residents, the local environment is not compromised, and the tax revenue will eventually exceed the tax incentives.
@7PTCG382yrs
Yes, as long as the the company promises to create new jobs by hiring local residents, the local environment is not compromised, and the tax revenue will eventually exceed the tax incentives
Deleted2yrs
Cities and states, yes. But have the central government punish American companies for resourcing products and jobs outside the country
@Brunk2yrs
No, it is generally a bad idea for the government subsidize private businesses.
@TogetherinSoli12yrs
No, this gives unnecessary power to the government and would waste taxpayer money
@87V5TYY2yrs
Yes, and increased spending on infrastructure will further attract companies
@8H4DF7B2yrs
yes but environment, hire locals, punish for outsourcing
@8MKJFKZ2yrs
Yes, but only as long as the tax revenue will eventually exceed the incentives, the local environment is not compromised, and it benefits the community.
@8J4HK6S2yrs
Yes, but they should be persuaded not to
@8HJ6WYW2yrs
I need more information to decide.
@8GTWWZJ2yrs
I need more information for an opinion.
@8FPLGKD2yrs
Yes, within the country
@4KL4PZC2yrs
No, Lower Corporate Taxes to benefit all local companies
@7PTCG382yrs
Yes, as long as the local environment is not compromised, the company promises to create new jobs by hiring local residents, and the tax revenue will eventually exceed the tax incentives.
@8C4Q7JD2yrs
The city should decide whether or not they want to relocate.
@ISIDEWITH4yrs
Yes, as long as the local environment is not compromised
@ISIDEWITH4yrs
Yes, but only if local citizens can vote on the amount of incentives to offer
@ISIDEWITH4yrs
Yes, but I would prefer lowering corporate taxes to benefit all local companies
@ISIDEWITH4yrs
No, spend that money on improving infrastructure and the community to attract companies
@ISIDEWITH4yrs
No, but punish them for moving jobs out of the country
@ISIDEWITH4yrs
Yes, as long as the tax revenue will eventually exceed the tax incentives
@ISIDEWITH4yrs
No, the government should never subsidize private businesses
@ISIDEWITH4yrs
Yes, if the company promises to create new jobs by hiring local residents
