31 Jan '18, 6pm

Urbanists call for a non-aggression pact among cities competing for Amazon's HQ2

Urbanists call for a non-aggression pact among cities competing for Amazon's HQ2

We share a concern about the level of incentives and the looming competition between cities over incentives for Amazon’s new headquarters. Tax giveaways and business location incentives offered by local governments are often wasteful and counterproductive, according to a broad body of research. Such incentives do not alter business location decisions as much as is often claimed, and are less important than more fundamental location factors. Worse, they divert funds that could be put to better use underwriting public services such as schools, housing programs, job training, and transportation, which are more effective ways to spur economic development.... We urge you, the mayors, governors, and other elected officials, as well as economic developers and community leaders, of Amazon HQ2 finalist cities, to put an end to such an imprudent policy. To do so, we call upon you to...

Full article: https://www.treehugger.com/urban-design/urbanists-call-no...

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