By David Leonhardt, New York Times
magine that a bunch of children are sitting around a table when a seemingly beneficent adult walks into the room carrying a plate of cupcakes. The kids burst out in excitement — until they notice a problem: There are fewer cupcakes than children.
At this point, the adult announces some ground rules. To receive a cupcake, the children will have to compete with one another. The adult will accept cash or other objects of value. Praise for the adult’s kindness would also be welcome.
By Michael Hiltzik
Well, that should show them.
Stung by intensifying opposition to a $3-billion incentive handout from New York city and state, Amazon on Thursday abruptly canceled its plans to build a new half-headquarters complex in the New York City borough of Queens.
With the HQ2 contest now concluded, additional cities are releasing details on their Amazon HQ2 bids. Bid amounts in this blog include both city and state incentives. With the exception of HQ2 “winners” New York City, Arlington Va. and Nashville, all cities’ bids are based on Amazon’s original proposal that promised 50,000 jobs.
Leave it to Amazon CEO Jeff Bezos. In his zeal to be disruptor-in-chief, he has pulled back the green curtain on America's corrupted economic development system. More publicly than ever, taxpayers have been shown how our nation's tax break-industrial complex works — and quite rightly, they want to end it.
Amazon's search for its HQ2 has created a bidding war between cities and states worth millions or even billions.
By Ese Olumhense, The Chicago Tribune
Amazon’s search for a location for its second headquarters has been unusually public, but the secrecy surrounding the incentives state and local governments are offering to lure the Seattle-based e-commerce giant could set a troubling precedent for taxpayers, a group that tracks corporate subsidies said in a Tuesday report.