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 billi… Read more
@ISIDEWITH5yrs5Y
Yes
@9F92YNC 2wks2W
For example: in the state of KY, eastern KY and the Appalachian region drastically needs many kinds of businesses to serve the people but few corporations are willing to invest in the region due to low numbers of people and economic distress. If the government would assist in bringing in businesses, many problems might be eased and in time the region could be a profitable place for a business to locate..
Any coastal community a hurricane has devastated serves as an example of the need for government investment and assistance (subsidy) in businesses for recovery and survival.
@CockatooPeteRepublican2wks2W
Absolutely, areas such as eastern KY and the Appalachian region, which are often overlooked due to less favorable economic conditions, could definitely benefit from such incentives. It's a win-win situation where businesses get a boost to establish and the local community gets job opportunities and economic upliftment. Similarly, for coastal communities hit by natural disasters, these incentives can stimulate recovery and resilience. But how do we ensure that these incentives lead to long-term commitment from businesses rather than short-term gain?
@ISIDEWITH5yrs5Y
No, the government should never subsidize private businesses
@9F92YNC 2wks2W
The government should subsidize some private businesses: to help some get started, to help some open new locations in needy areas, to help in recovery from natural disasters. The government should be allowed to subsidize for specific reasons and with maximum and minimum money levels.
@ISIDEWITH5yrs5Y
@ISIDEWITH5yrs5Y
@ISIDEWITH5yrs5Y
@ISIDEWITH5yrs5Y
@ISIDEWITH5yrs5Y
@ISIDEWITH5yrs5Y
@ISIDEWITH5yrs5Y
Deleted2yrs2Y
Yes, cities should do whatever they choose
@98PJRK49mos9MO
Yes, cities should do as they choose
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
@6R6HBQ3Constitution11mos11MO
Yes, but they should choose not to
@8N4277C3yrs3Y
@8LVXT2N3yrs3Y
@8G5T7883yrs3Y
Yes, but every state should have their own incentive program if they choose to have one at all. This is not a federal level issue.
@9FH3V5G5 days5D
As long as it doesn't create a rise in taxes for the local residents
Yes, but only if 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
@9F9TFJY2wks2W
I'm 50/50 on this. I feel like to a certain extent it's fine.
@9F872K62wks2W
No, but if they are in need then they could help with the Amazon Company.
Perhaps. Depends on the company’s background, how the local people feel about it, statistical impact on the local economy, and environmental impact. The government should preferably focus on boosting local infrastructure to attract more companies
@9F2MBPC3wks3W
Yes, but they shouldn't need to.
@Chase-Oliver3wks3W
Yes, because it's not up to the federal government what local governments do.
Perhaps. It depends on the company, how the local people feel about it, statistical impact and environmental impact. Improving local infrastructure and communities to attract companies would be a better long-term solution than directly subsidizing companies.
@9DX79WD3wks3W
No, but nationalize the private sector.
@9DWX4H33wks3W
Local Governments should not have the power to do so, but State and federal should.
@9DWCC783wks3W
Government should not be involved; let the free market decide
@9DQ7ZZS4wks4W
Perhaps. Depends on the company, how the local people feel about it, statistics and environmental impact.
@9DQ5DR64wks4W
Allow the workers to seize the company
@9DNYCCJ4wks4W
???? why does this matter....
@9DNSK244wks4W
A combination of the first three yes answers
@9DN8WHQ4wks4W
These stupid policies are why our country is failing now.
@9DLPZB71mo1MO
Yes, so long as the local environment is not compromised, while punishing them for moving jobs out of the country.
@9DLHCKF1mo1MO
Yes and the federal government should deal with its own problems instead of trying to tell local government what to do
Yes, to some degree, but I believe there should be a limit. Multiple perspectives should be considered and there should be a limit to how much can be spent.
@9DL7B9H1mo1MO
This should be handled on a state level and not on a federal level
@9DL79ZP1mo1MO
This should be governed on the local and state level.
@9DKB6QP1mo1MO
As long as the environment is not compromised, the jobs are not automated away, and the tax revenue eventually exceeds the tax benefits.
@9DJ6VBH1mo1MO
If they want to waste their tax dollars, that's their choice but that money should be spent on improving infrastructure and the community to attract companies.
@9DJ5VRR1mo1MO
No they should use that money to improve infrastructure
@9DHQ4TY1mo1MO
Yes, but only for poorer communities where research would show a significant improvement in jobs and overall financial growth.
@9DGB99H1mo1MO
Yes, but ensure that their workers have collective bargaining power.
@9DCSVZT 1mo1MO
No, only small businesses should be given tax incentives to relocate. Company should be disincentivized from moving their businesses outside of the country.
@9DF8SB81mo1MO
There needs to be some kind of offset where money paid by city is paid off by the company in a certain period of time..
Certain environments need to be protected better however the economic benefit of such companies is very appealing to smaller cities.
@9C3KLV54mos4MO
Yes, as long as the company will hire local residents, the local environment is not compromised, and the offer of such incentives has the approval of the majority of a city's residents
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