Article 35J35 Cities around US offer billions in tax breaks to be Amazon’s HQ2

Cities around US offer billions in tax breaks to be Amazon’s HQ2

by
Joe Mullin
from Ars Technica - All content on (#35J35)
amazon.campus.seattle-800x542.jpg

Enlarge / Amazon's campus in South Lake Union, Seattle. (credit: Joel Rogers / Getty Images)

Cities around the country are pulling out all the stops to entice Amazon to set up its second headquarters in their area.

The online retail giant is taking proposals from around North America, and today's the deadline. Some of the proposals include massive tax breaks, while other cities are trying out humorous gimmicks to get the company's attention.

New Jersey has offered the biggest tax incentives, consisting of up to $7 billion in state and local tax rebates if Amazon locates in Newark and hires the 50,000 workers it has said it would. The company has also promised $5 billion in spending on construction of the headquarters. The New Jersey offer, announced Monday, is $2 billion more than what Republican Governor Chris Christie and the Democratic-led New Jersey legislature agreed to last month.

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