By Michael J. Bologna, Bloomberg/BNA
Online retail giant Amazon.com Inc. is about to set a record that few in the tax policy arena thought would ever be achieved.
Amazon, the national leader in e-commerce sales, is expected to vault past a record for state and local tax subsidies held for many years by Wal-Mart Stores Inc., the undisputed king of brick-and-mortar retail sales.
January 18, 2017--Amazon last week announced it will “create” 100,000 jobs as it rolls out Same-Day Delivery to customers throughout the country. While it’s great publicity after the company received negative tweets from the President-elect, taxpayer shouldn’t be fooled into thinking this represents net job creation in retailing.
Corporations have learned to game the tax incentive system
By Chris Tomlinson, Houston Chronicle
Amazon is building warehouses across the United States to develop its own delivery infrastructure to guarantee next-day delivery.
So why have state and local governments given Amazon $241 million to build facilities that they couldn't build anywhere else?
By NICOLE RAZ
LAS VEGAS REVIEW-JOURNAL
A national economic development expert argues that Nevada shouldn’t have helped Amazon build a fulfillment center in North Las Vegas, which is slated to open next summer.