AMAZON URGED TO STAY AWAY FROM CALIFORNIA!
Internet sales giant Amazon has announced that they are looking for a location to build a new second headquarters. They expect to build a facility with up to 8 million square feet that will provide jobs for 40,000 to 50,000 workers. One of their requirements is locating near a major airport.
Cities across the nation are already trying to woo the company to build in their area. Many are willing to provide tax breaks and other economic incentives in their attempts to lure the massive complex to their city.
Jason Lary, Mayor of Stonecrest, Georgia, has offered to allocate 345 acres within the city and rename that jurisdiction, Amazon Georgia and make Amazon CEO Jeff Bezos the mayor. Stonecrest lies about 6 miles east-southeast of the I-285 loop that circles Atlanta and about 24 miles away from Hartsfield-Jackson Atlanta International Airport.
Tucson, Arizona sent Amazon a 21-foot tall saguaro cactus.
New Jersey is offering around $7 billion in tax credits.
Memphis has slapped $60 million cash on the table.
Seattle and Salt Lake City have also joined the fray in trying to lure Amazon and the jobs to their area.
I live in northern Kentucky, about 25 minutes south of Cincinnati, who has announced that they are also wanting to court the headquarters. There is an Amazon warehouse facility here in northern Kentucky, located in Hebron and about 5 minutes from the Cincinnati Northern Kentucky International Airport. There is plenty of room in that area to locate a huge headquarters and it would be close to the airport. However, you have to deal with our not so lovely winter weather that at times could make that 5-minute drive take hours.
There is no doubt that whoever wins the bidding war, will reap a huge financial gain by having the Amazon second headquarters in their area. Even if they give them all kinds of corporate tax incentives, the city, county and state will be many times rewarded in things like payroll taxes, property taxes from employees’ homes, sales taxes and more.
I live in an average home of 1833 square feet, but my property tax runs just under $1,500 a year. That includes states, county, fire department, library, mental health and schools (school tax is just over half my total property tax). Imagine if just 25,000 people with new jobs were able to purchase an average home, you’re looking at $37.5 million in property tax revenue. Over a 5-year period, that’s $187.5 million in just property taxes.
The city, county and state who lands the headquarters will also reap millions of dollars in sales taxes and other taxes and fees. New home construction will generate millions of dollars-worth of revenue and create even more new jobs for residents in the area.
However, not everyone is wooing Amazon. In fact, the California Business and Industrial Alliance took out a full-page ad in USA Today reading:
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https://www.onenewsnow.com/business/2017/10/19/califs-hostile-business-climate-to-scare-off-amazon)
One of the anti-business policies in California is their state cap and trade law that allocates so much carbon footprint per year and if they exceed the limits set by the liberals running the program, they face a hefty fine.
Additionally, the state has a high corporate tax and tons of rules that making running a business difficult and expensive. Over the past decade, as some of these rules and laws have been passed, including the cap and trade, a number of businesses have relocated to other more business friendly states including Arizona and Texas.
In other words, the way Democrats are running California, it is not a business-friendly state. If that’s not bad enough, realize that many congressional Democrats want to pattern the entire country after California. If they do, you will undoubtedly see a mass exodus of businesses moving to Mexico and many other countries.
So, if you hate America, vote for the commie Dems ....