Investigative Post: Thanks to WNY, Amazon subsidies hit $5 billion
A $124 million subsidy package given to Amazon by the Niagara County Industrial Development agency this summer helped the e-commerce giant reach a milestone: $5 billion in total government subsidies.
That total came from 309 subsidies in 38 states since 2000, according to data compiled by Good Jobs First, a nonprofit that tracks corporate tax breaks. Washington, the state where Amazon is headquartered, gave the company the most subsidies, a total of $824 million. Illinois ranked second with $732 million, followed by New York at $671 million.
Those subsidies went towards facilities ranging from warehouses to offices to film and television studios. Subsidies for Whole Foods, the grocery chain Amazon owns, were also included.
Read the full story at the Investigative Post.