• Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
Thursday, July 3, 2025
Illinois Review
  • Login
  • Register
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
Illinois Review
No Result
View All Result
Home Illinois News

The Amazon headquarters search is done: New York and Northern Virginia lose

Illinois Review by Illinois Review
November 19, 2018
in Illinois News
Reading Time: 3 mins read
A A
0
26
SHARES
431
VIEWS
Share on FacebookShare on Twitter

Amazon+mgn

You might also like

Chicago AM560 Axes Local Morning Radio Personality Amy Jacobson, Keeps Florida-based Host in Cost-Cutting Move

JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

New York and Virginia are the losers. Tim Carney writes that New York and Virginia would have been better off not giving Amazon subsidies to put new headquarters in each of the states:

One study of firm-specific subsidies in Kansas found that most subsidy recipients, in an anonymous survey admitted that they hired zero extra people thanks to the subsidies. A 2014 study of hundreds of studies on incentives found a slight negative effect on employment in the short term, and no effect in the long run.

The money Chicago spends to lure Boeing, or Maryland spends to lure Lockheed Martin, is money that the governments must make up for through tax hikes or cuts in spending for legitimate government purposes, such as schools, roads, and police.

Liberal Rep.-elect Alexandria Ocasio-Cortez on Tuesday expressed outrage that New York had paid so much to lure into Long Island City a company owned by the world’s richest man. The socialist politician was right.

Amazon is a for-profit company. It can fund its facilities through its profits or anticipated profits manifested in loans or investments from private lenders choosing to finance Amazon. Public funds, on the other hand, should be for public goods. An Amazon job is not a public good—it’s payment in return for a private good. That a corporate headquarters might have positive spillovers into the surrounding community is not a reason to subsidize it. Capitalism, as a whole, has massive positive spillovers, but in America we generally think the government’s job is to create a level playing field where the rule of law and a decent infrastructure allow companies to flourish—or not. […]

A state would do better—in the long run for sure, but probably also in the short run—by offering a broad, level, open playing field. If Cuomo had $3 billion in tax cuts to give, why not reduce the state’s 6.5 percent corporate tax or cut the sales tax?

[Timothy P. Carney, “The Amazon Headquarters Search Is Done: New York and Northern Virginia Lose,” American Enterprise Institute, November 14]

Related

Tags: Illinois Review
Share10Tweet7
Previous Post

Betsy DeVos Strikes a Blow for the Constitution

Next Post

Rhoads: The Race Card Insult

Illinois Review

Illinois Review

Recommended For You

Chicago AM560 Axes Local Morning Radio Personality Amy Jacobson, Keeps Florida-based Host in Cost-Cutting Move

by Illinois Review
July 1, 2025
0
Chicago AM560 Axes Local Morning Radio Personality Amy Jacobson, Keeps Florida-based Host in Cost-Cutting Move

By Illinois ReviewIn a shocking cost-cutting move Tuesday, Chicago’s AM560 The Answer terminated longtime morning host Amy Jacobson, as the struggling conservative station grapples with declining relevance –...

Read moreDetails

JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

by Illinois Review
June 30, 2025
0
JB Pritzker Receives 2% in Presidential Poll, Ranks Lowest in Minority Support Among Democrats

By Illinois ReviewIn one of the first nationwide hypothetical polls for the 2028 Democratic presidential primary, Illinois Governor and billionaire JB Pritzker ranks at the bottom, receiving the...

Read moreDetails

Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

by Thomas Mccullagh
June 26, 2025
0
Trump’s Jobs Boom Skips Illinois—Thanks to Pritzker’s Tax Hikes

Illinois is missing out on Trump’s U.S. manufacturing boom. While other states welcome new factories, Pritzker’s tax hikes and regulations keep businesses out—and force longtime employers to leave.

Read moreDetails

Opinion: We’ll Save You If We See You Burning

by Janelle Powell
June 21, 2025
0
Opinion: We’ll Save You If We See You Burning

By Janelle Powell, Opinion ContributorIn a dazzling display of bureaucratic brilliance, the City of Chicago has rolled out a new policy for the Chicago Fire Department that essentially...

Read moreDetails

Caught Off Guard: Pritzker Left Speechless on Women’s Restroom Question Amid Sanctuary City Testimony

by Illinois Review
June 12, 2025
0
Caught Off Guard: Pritzker Left Speechless on Women’s Restroom Question Amid Sanctuary City Testimony

By Illinois ReviewIllinois Gov. JB Pritzker testified Wednesday before the U.S. House Oversight and Government Reform Committee alongside fellow sanctuary city governors – occasionally appearing visibly stunned and...

Read moreDetails
Next Post

Rhoads: The Race Card Insult

Please login to join discussion

Best Dental Group

Related News

IL Freedom Caucus calls on Lurie Children’s Hospital to cease gender services for kids

October 27, 2022

Beckman: Is the Brigham Young University racial slur controversy another hoax?

October 27, 2022

Salvi polling shows closer race

October 27, 2022

Browse by Category

  • America First
  • Education
  • Faith & Family
  • Foreign Policy
  • Health Care
  • Illinois News
  • Illinois Politics
  • Opinion
  • Science
  • Second Amendment
  • TRENDING
  • US NEWS
  • US Politics
  • World News
Illinois Review

© 2024 llinois Review LLC Editor in Chief Mark Vargas Publisher Thomas McCullagh Chief Counsel Scott Kaspar

Navigate Site

  • Checkout
  • Home
  • Home – mobile
  • Login/Register
  • Login/Register
  • My account
  • My Account-
  • My Account- – mobile

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • Health Care
  • US NEWS
  • America First
  • Opinion
  • TRENDING
  • Education
  • Foreign Policy
  • Second Amendment
  • Faith & Family
  • Science
  • World News

© 2024 llinois Review LLC Editor in Chief Mark Vargas Publisher Thomas McCullagh Chief Counsel Scott Kaspar

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?