The 238 Attempted Bribes of Amazon Should Be Illegal
newrepublic.com
newrepublic.com
Pretty smart of that mayor to see through this.
Two things bother me with this. 1) It's not applied fairly. If Amazon gets a tax break to locate in CityX then I should also be able to get the same tax break to locate my business there. I'm okay with different cities and states competing in the form of different tax rates and services, but these special deals have to stop. 2) The United States really needs to start behaving as a single country in the best interest of the whole United States. These jobs would still be created somewhere without tax breaks, and we'd all be better off if that happened. Instead we are all collectively worse off in this model where we negotiate against ourselves.
I also cringe whenever I think of the ludicrous amount of my tax dollars that NYC gave away to the Yankees (one of the richest sports teams ever) and the Mets to rebuild their stadiums.
We all lose when this happens.