Welcome to the IKCEST
Your Tax Dollars Subsidize Amazon. Are the Jobs Worth It? - Bloomberg

When Amazon opened a warehouse in the Minneapolis suburb of Shakopee last year, a thousand people got new jobs. In return, Amazon got millions of dollars in tax breaks. This week on Decrypted, Bloomberg Technology's Spencer Soper visits Shakopee to examine the impact the e-commerce giant has had on the area's residents and businesses. For Shakopee, was it worth the investment? And what happens when cities and states across the country compete against each other to lure big corporations like Amazon, with increasingly bigger subsidies? Spencer and Aki Ito hear from people on both sides as a national debate intensifies over how to create more American jobs.

Want to hear more? Subscribe on iTunes and Pocket Casts for new episodes every week. Decrypted is a podcast that uncovers the hidden projects, quiet rivalries and uncomfortable truths in the global technology industry. 

 

Original Text (This is the original text for your reference.)

When Amazon opened a warehouse in the Minneapolis suburb of Shakopee last year, a thousand people got new jobs. In return, Amazon got millions of dollars in tax breaks. This week on Decrypted, Bloomberg Technology's Spencer Soper visits Shakopee to examine the impact the e-commerce giant has had on the area's residents and businesses. For Shakopee, was it worth the investment? And what happens when cities and states across the country compete against each other to lure big corporations like Amazon, with increasingly bigger subsidies? Spencer and Aki Ito hear from people on both sides as a national debate intensifies over how to create more American jobs.

Want to hear more? Subscribe on iTunes and Pocket Casts for new episodes every week. Decrypted is a podcast that uncovers the hidden projects, quiet rivalries and uncomfortable truths in the global technology industry. 

 

Comments

    Something to say?

    Log in or Sign up for free

    Disclaimer: The translated content is provided by third-party translation service providers, and IKCEST shall not assume any responsibility for the accuracy and legality of the content.
    Translate engine
    Article's language
    English
    中文
    Pусск
    Français
    Español
    العربية
    Português
    Kikongo
    Dutch
    kiswahili
    هَوُسَ
    IsiZulu
    Action
    Related

    Report

    Select your report category*



    Reason*



    By pressing send, your feedback will be used to improve IKCEST. Your privacy will be protected.

    Submit
    Cancel