Amazon’s Chicago-Area Expansion Was Fueled by $741M from Taxpayers

wbez.org

3 pointsGeekette6 comments

Why do we keep giving amazon so much money?

No one is giving Amazon money.

> To help pay for its vast expansion, the company and its developers have won at least $741 million in taxpayer-funded incentives in northeast Illinois alone

Yup, I read that. I'm sure that's just a journalist that can't tell the difference between a company receiving money from the government and a company not having to PAY the government.

Why am I sure? Because journalist are dumb and get that point wrong ALL the time. Just like revenue and profit. They just don't know the difference.

I think you might reconsider your opinion on this one, both of those have roughly the same net effect.

Only if you don't consider the context.

The local government lost nothing.

If Amazon didn't get the tax breaks, they wouldn't be there and the local government would be poorer for it.

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