Big Question For Us Cities: Is Amazon's Hq2 Worth The Price?

WASHINGTON (AP) — Dozens of cities are working frantically to land Amazon's second headquarters, raising a weighty question with no easy answer: Is it worth it? Amazon is promising $5 billion of investment and 50,000 jobs over the next decade and a half. Yet the winning city would have to provide Amazon with generous tax breaks and other incentives that can erode a city's tax base. Most economists say the answer is a qualified yes — that an Amazon headquarters is a rare case in which a package of at least modest enticements could repay a city over time.

Topics:  washington ap     dozens   amazon   question   cities   worth   city   tax   headquarters   answer   
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