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mpetersen6
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Comments by "mpetersen6" (@mpetersen6) on "Why does Amazon want to leave Seattle?" video.
For viewers living outside of the US (l won't speak for Canada or Australia) you need to remember that the US basically consists of 48 competing "nations" with different tax policies, labour laws etc (1). I'm not forgetting Alaska or Hawaii here but say a company is looking to build a new headquaters in the Chicago area and instead decides to relocate to SE Wisconsin (2). That company will be able to retain a lot of its corporate staff while benefiting from certain economic benefits. I'm generally opposed to corporate "welfare" but l also realize that states and municipalities will go out of their way to attract jobs especially if they have seen massive jobs loss in another economic sector. I've seen it happen. I've also witnessed one of the worst examples of corporate "welfare" in the Foxcon deal. Locally I've also seen Amazon build and expand a local distribution center. Sure its brought in a lot of jobs but most of them have very high turnover. There are also situations were private citizens can take advatage of differences in state tax policies. Live in one state that has no income tax, shop in the one next door that has no sales tax. Oregon and Washington come to mind. 1) Look at the number of corporations that are organizied as a corporation in Delaware due to the advantages Delaware's laws regarding corporations. 2) This actually happened with Uline.
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