Amazon Short-List Proves Something "Deeply Wrong" With America's Race-to-the-Bottom Economy: Ellison
Critics of Amazon’s “race to the bottom” as it searches for a home for its second headquarters said on Thursday that the company’s newly released shortlist of 20 cities highlights a crisis in the U.S. economy—one exemplified by the huge incentives offered to Amazon in the bidding war among potential hosts.
Rep. Keith Ellison (D-Minn.) was among those slamming Amazon and the state and local governments willing to give billions of dollars in tax breaks to the extremely wealthy multinational company.
In addition to the incentives mentioned by Ellison, Boston offered $75 million to provide affordable housing to Amazon employees, while Maryland’s offer exceeded $5 billion.
Some noted that Amazon’s top 20 contenders—also including New York, Los Angeles, Atlanta, and Raleigh, N.C.—are fairly prosperous cities, with the company leaving out areas that could benefit from an influx of jobs and economic activity.
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