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@ISIDEWITHQuestionsenvironmentStarted 5yrs agoActive 4mos ago

Should cities be allowed to offer private companies economic incentives to relocate?

In November 2018 the online e-commerce company Amazon announced it would be building a second headquarters in New York City and Arlington, VA. The announcement came a year after the company announced it would accept proposals from any North American city who wanted to host the headquarters. Amazon said the company could invest over $5 billion and the offices would create up to 50,000 high paying jobs. More than 200 cities applied and offered Amazon millions of dollars in economic incentives and tax breaks. For the New York City headquarters the city and state governments gave Amazon $2.8…  

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1 Reply

 @996S9CPanswered…1yr1Y

If a company is setting up/expanding in the country then it would be good to incentivize them to not be in Dublin, but I wouldn't want to relocate an existing company

 @8YYTV56Social Democratsanswered…2yrs2Y

All depends on what the company is and why relocation is considered

 @beauchurleySocial Democratsanswered…2yrs2Y

Yes, but Irish-based (or majority Irish-owned) companies only and only if they meet certain ESG criteria. Greater incentives for Irish-based start-ups.

 @AdamjnrGreenanswered…3yrs3Y

Yes, but only if local citizens can vote on the level of incentives, if any, to offer after an environmental review takes place.

 @AdamjnrGreenanswered…3yrs3Y

Yes, but only if local citizens can vote on the level of incentives to offer after an environmental review takes place

 @8Q5RDNVanswered…3yrs3Y

Not if the city is a state organization

 @ISIDEWITHasked…5mos5MO

How might a city ensure that the benefits of hosting a giant corporation outweigh the sacrifices made in tax incentives?

 @ISIDEWITHasked…5mos5MO

If a company's arrival means a rise in your city's cost of living, is it still worth the economic incentives provided?

 @ISIDEWITHasked…5mos5MO

Would you give up certain city services if it meant your city could attract a big tech company and potentially boost the economy?

 @ISIDEWITHasked…5mos5MO

In what ways could a community benefit from having a major corporation like Amazon move in, apart from job creation?

 @ISIDEWITHasked…5mos5MO

What are some potential downsides for a community when it gives large tax incentives to attract private companies?

 @ISIDEWITHasked…5mos5MO

Should smaller local businesses get the same financial incentives as large corporations; why or why not?

 @ISIDEWITHasked…5mos5MO

How would the arrival of a big corporation in your town change your day-to-day life, for better or worse?

 @ISIDEWITHasked…5mos5MO

If a major corporation offered to bring 10,000 jobs to your city but requested significant tax breaks, would you support it and why?

 @ISIDEWITHasked…5mos5MO

What could your community do with the funds that are often offered to mega-corporations as incentives to relocate?

 @ISIDEWITHasked…5mos5MO

How would you feel if a large company received tax breaks to move to your town at the cost of funding for local schools and infrastructure?

 @8PGZTFZanswered…3yrs3Y

Yes, as long as the local environment is not compromised, if the company promises to create new jobs by hiring local residents and but I would prefer lowering corporate taxes to benefit all local companies

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