Respond to the following in a minimum of 175 words:
Read these viewpoints about the impact and approaches that Mega Companies can have locally: (All Articles Attached)
the “Local Communities as Stakeholders: Does Amazon Really Need Tax Breaks?” example on p. 83 in Ch. 3 of Management: A Practical Introduction (Go to the W2 assignment, chapter 3…open it up, and click forward to page 83…that is where you will find the article on Amazon)
Amazon Forewent Incentives to Build Massive Facilities in Albuquerque, NM. This article from my Albuquerque news source is about how New Mexico had a different approach to working with Amazon. Lots to think about and progress is being made!
New Mexico has been successful with attracting filmmakers to the state – read this article that outlines the incentives and how our state works together with filmmakers – it is a success story!
Here is an in-depth article on how Tesla has taken advantage of a tax-abatement arrangement in the Reno-Sparks area of Nevada. It has been a success!
Here is a link to an article from the Brookings Institute about new tools that are being used by cities like Indianapolis, Portland, Oregon, and Syracuse, N.Y. to align the city leaders and the economic development team on broad goals and how to quantify success. They used the inclusive incentive scorecard to target tax incentives in ways that support more equitable and inclusive growth.
Here is some great background to Intel’s history in Rio Rancho, New Mexico, and at the same time, it is a link to our state’s Economic Development Department!
I hope you find this interesting and inspiring!
In your response, discuss the following and format your response so that it is clear for all to read (copy and paste the following into your discussion post). You must format your response so that it is clear for all to read (copy and paste the following into your discussion post). If you don’t format your post, you will not earn full points on your discussion grade.:
Do you feel that tax breaks for big companies benefit local communities?
Why or why not?
Describe ways to attract business to a region without hurting the larger community.
