Amazon is on a building spree, and many local officials are eager to bring one of its giant fulfillment centers to their own backyard. But a new factsheet released today by Advocates for Independent Business, drawing on research from the Institute for Local Self-Reliance, shows how communities are losing more than they gain in these projects.
Cities are so eager to lure Amazon that many have resorted to offering the company lavish tax breaks and other public assistance. Between 2012 and 2014, public records show, Amazon picked up $431 million in local tax incentives to finance its warehouse expansion.
Yet, Amazon fulfillment centers impose so many hidden costs on local economies that cities ought to reconsider welcoming them at all, much less greasing the way with public funds.
Download the fact sheet: 5 Things Local Officials Need to Know Before Welcoming an Amazon Warehouse