Amazon HQ2 Will Cost Taxpayers at Least $4.6 Billion, More Than Twice What the Company Claimed, New Study Shows
▻https://theintercept.com/2018/11/15/amazon-hq2-long-island-city-virginia-subsidies
Amazon’s announcement this week that it will open its new headquarters in New York City and northern Virginia came with the mind-boggling revelation that the corporate giant will rake in $2.1 billion in local government subsidies. But an analysis by the nation’s leading tracker of corporate subsidies finds that the government handouts will actually amount to at least $4.6 billion. But even that figure, which accounts for state and local perks, doesn’t take into account a gift that Amazon will (...)
