Amazon's NYC Retreat Marks New Era of Corporate Welfare Fights
Posted: Sun Feb 17, 2019 5:51 pm
Yahoo Finance - 2/15/2019 - Patrick Clark and Polly Mosendz (Bloomberg) - Just as New Yorkers were absorbing Amazon.com Inc.’s decision to abandon a new office hub after tangling over $3 billion in tax breaks, General Electric Co. was beating a retreat in Boston, canceling plans to build an office tower and promising to return $87 million in government incentives. In Wisconsin, Taiwanese manufacturer Foxconn was backing away from promises it made in exchange for billions in incentives. Read more @ https://finance.yahoo.com/news/amazon-a ... 30847.html