Those are the key findings and recommendation of Will Amazon Fool Us Twice? Why State and Local Governments Should Stop Subsidizing the Online Giant's Growing Distribution Network, a study released today by Good Jobs First and available online at www.goodjobsfirst.org.
"First, Amazon avoided collecting sales taxes to aggressively gain market share. Then in some states it started parlaying nexus settlements, agreeing to collect sales taxes where it had a physical presence, into economic development subsidy packages worth more than $600 million. Now, incredibly, it is back for a third round of tax breaks for the facilities it must build for its same-day delivery service," said study co-author Greg LeRoy, GJF's executive director. "Some public officials have figured Amazon out. Now it's time for all of them to say no more deals."
With a distribution network that has grown to locations in across about half the states, and a business model that requires it to deliver some goods the same day they are ordered, Amazon is on a rapid build-out trajectory. Despite its well-known imperative to build out, some state and local governments have continued to give Amazon seven- and eight-figure subsidy packages
The study was funded by the Surdna Foundation. The findings and recommendations are solely those of Good Jobs First. Good Jobs First is a non-profit, non-partisan resource center promoting accountability in economic development. Founded in 1998, it is based in Washington DC.
Contact: Greg LeRoy firstname.lastname@example.org or 202-232-1616 x 211
Or Thomas Cafcas email@example.com or 847-477-3879
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/study-state--local-governments-have-given-amazon-warehouses-241-million-since-2015-300377211.html
SOURCE Good Jobs First