Search Results for "amazon hq2" in the GJF website (excluding databases)

Amazon HQ2 was thought up pre-pandemic. But the world is hybrid now.

News & Articles
Washington Post: Amazon HQ2 was thought up pre-pandemic. But the world is hybrid now. Amazon's arrival in northern Virginia was supposed to be a massive boost to the area, its workers spending money in local restaurants and coffee shops and for other local amenities. But when the pandemic hit, Amazon's workers went home like so many others, and they have yet to return. Even when they do, it is ...

Arlington offered $23M for Amazon HQ2. So far, it hasn’t paid a dime.

News & Articles
Washington Post: Arlington offered $23M for Amazon HQ2. So far, it hasn’t paid a dime. [caption id="attachment_14430" align="alignright" width="300"] Source: Facebook.com / Amazon[/caption] When Amazon announced its plans to build a second headquarters somewhere in North America, cities and states around the continent stopped at nothing to woo the tech giant. They made promises of bill...

Sunshine Week: Economic Democracy Depends on Transparency

Blogs
ccurs publicly—an extremely rare event of which Amazon HQ2 was the biggest ever—people rightfully ask: where did this system come from? Why doesn’t the federal government have any say? Why do public officials accept it as preordained? And BTW, who wrote these undemocratic rules? Space prohibits me from summarizing that 80-year history here, but a quick read of a chapter from my 2005 book wi...

Rivian, Intel and Samsung: Secretive Auctions for Subsidy Megadeals

Blogs
ivian yet, but that’s soon to change. Backed by Amazon.com, Ford Motor Company, T. Rowe Price and Cox Automotive, Rivian will soon unveil a luxury SUV and luxury pickup; it also has a 10-year order for 100,000 Amazon last-mile panel vans. Already operating in a reopened auto plant in Normal, Illinois, Rivian is staging a competition for a $5 billion car and battery manufacturing plant. It has re...

Economy Hums, Yet States Keep Lavishing Nine-Figure Subsidy Megadeals on Corporations

Blogs
e away their financial futures chasing deals like Amazon HQ2, Foxconn and Tesla. It makes no sense: politicians just keep giving away the store, oblivious to economic realities. Why? Because they inhabit a rigged system that strips them of their ability to act as rational market participants. The 80-plus year-old Tax Break-Industrial Complex—spearheaded by site location consultants and the...

For Schools, Corporate Tax Breaks Can Take a Toll

News & Articles
ens Assemblymember Ron T. Kim, who fought against Amazon HQ2, told Sisson. Michael Ferren, a research Fellow at the Mercatus Center at George Mason University, contradicted long-made claims subsidies drive prosperity: “Academic research shows subsidies don’t work in creating economic growth.” Read the full story here. ...

Sunshine Week: This file is your file, this file is my file

Blogs
eft" width="569"] The Helix proposal designed for Amazon's campus in Arlington, Virginia. Photo: NBBJ[/caption] Your state and local government’s files on economic development subsidies are just that— your files. Shame on any mayor or governor’s staff who would claim, as Indianapolis recently did, that its bid for Amazon’s HQ2 project was not a “final offer” and therefore not su...

We Must End the Economic War among the States. Here's How, Urges Watchdog

Press Releases
[email protected] or 202-232-1616 ext. 211 Amazon HQ2 Auction Exposes Tax Break-Industrial Complex Washington, DC — Good Jobs First, the watchdog group on economic development incentives, today released a strategic proposal for ending the “economic war among the states.” Greg LeRoy, GJF’s executive director, said it issued the strategy because it has received so many inquirie...

Of the 20 Amazon HQ2 Finalist Cities, 17 Have Now Released at Least Partial Information on Their Bids

Blogs
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. New York, Virginia and Nashville have not disclosed their initial bids, making comparisons betw...

Amazon HQ2, HQ3 Subsidy Awards Costly, Not Yet Fully Accounted For

Press Releases
ment from executive director Greg LeRoy regarding Amazon.com, Inc.’s decision to locate two new headquarters in Long Island City in Queens, New York and Crystal City in Arlington, Virginia: “The taxpayer costs of these two deals is high, both in absolute terms and on a per-job basis, contrary to Amazon’s artful spin. Together, we believe they exceed $4.6 billion and the cost per job in New ...