Local officials around the country are scrambling to put together enticing proposals to attract a new corporate headquarters for Amazon, a once-in-a-lifetime development project that would amount to billions of dollars in direct and indirect investment.
Tuesday, September 12, 2017
Will Kansas City Overspend For Amazon???
Most people give the online retailer too much cash . . . Here's a look at City Hall lured into another expensive game: “Taxpayers should watch their wallets as the trophy deal of the decade attracts politicians to a hyper-sophisticated tax-break auction,” said Greg LeRoy, who runs the watchdog group Good Jobs First. “We fear that many states and localities will offer to grossly overspend to attract Amazon, even though the business basics — especially a metro area’s executive talent pool — will surely control the company’s decision.”