Amazon will pay $0 in federal income taxes on $11.2 billion in profit..AOC asks WHY

[Honeycombe8]

88. I lived in Dallas for years...it's a great thing for a big business to move or open there....

there's a huge snowball effect in other ways, besides just the business.

They bring in some of their own employees, and hire new ones locally. The new employees need housing (a localized real estate boom, which increases state property tax revenues), new products and services businesses open to service them, retail sales go up, new grocery stores open, the unemployment rate goes down, sales taxes on products and services increase, the area improves infrastructure if needed to support the new businesses.... More airline flights to support the new international business.

The trick is not to give more of a break on taxes to the new business than the state and area can recoup in a reasonable length of time. $3 Billion didn't sound like that much for a business that size (La. gave a business a $20 Billion break over 10 years, which was too large). But I don't know.

Some people don't understand how this sort of thing works...luring big businesses to the state and area.