02-27-2019, 10:42 AM
(02-27-2019, 10:20 AM)BmorePat87 Wrote: Maryland is happy to take those jobs, but I understand that there's legitimate criticism in the richest man in the world being given $3b by the government when that neighborhood has serious infrastructure needs.
There was criticism in our state over our governor not working with VA and DC to submit a joint proposal to Amazon given that the proposed location would benefit all three governments, meaning the burden shouldn't have fallen on just one to pay for the incentives.
Amazon wasn't receiving $3 billion, they were getting a $3 billion tax break over a period of years. I don't recall the exact amount but I believe they still would have paid over $10 billion in taxes over the same time period. Making $10 instead of $13 billion in taxes seems much better than making not a damn thing.
I understand the average person being upset by a company getting a tax break, but that kind of incentivizing is par for the course in luring business to an area, especially a tax heavy area like NYC. Unless you give away the farm the local government does nothing but gain, and in this case gain huge, in the long run.
