Amazon, good or bad?

[Rooskibar03]

Based on the tax breaks others are offering, I think Denver is safe (for now).


http://www.zerohedge.com/news/2017-1...e-second-us-hq




Hard to wrap my brain around NJ's tax incentives that equal more than avg pay. NJ must have some high taxes to recover that per worker deficit.

Someone correct me by NJ has some of the highest personal, income, sales, property taxes in the nation.

Also saw that rents in Denver would jump another 1.1% if Amazon came to town. That sounds light IMHO.

[Skip]

Someone correct me by NJ has some of the highest personal, income, sales, property taxes in the nation.

Also saw that rents in Denver would jump another 1.1% if Amazon came to town. That sounds light IMHO.

Very light.

If avg salaries are $100K/year it's going to push costs well above what our current median income ($62K I think) can afford.

And that $100K number is what I was talking about. A 100% tax rate doesn't recover the $140K incentive. There must be other taxes they would impose on Amazon to make up for it.