Past dealings with Amazon in NYC...with performance based incentives..(click on original article in link) This is nothing new. Where was everyone when these were happening?? www.google.com/amp/s /www.bna.com/new-yor k-uses-n73014464387/ %3famp=true
@AllHailTheQuisp : 'Hard to Measure'
Tax credits and incentives can play a large role in economic development, but their impact can be hard to measure, said Morgan Scarboro, a policy analyst at the Tax Foundation, a Washington, D.C.-based think tank.
"Every state wants a company like Amazon, but states should instead fix their tax code for everyone instead of arbitrarily picking winners and losers," she told Bloomberg BNA in a Sept. 22 email. "Tax incentive programs cannot, by design, be a wide-reaching, long-lasting way to achieve economic growth, but a well-structured tax code can be."
She called for states to employ "strict evaluation methods" for tax incentives to make sure the gains are worth the large amounts of forsaken revenue they represent.