Morning Reads for Tuesday, January 7
Good morning! Have you read Charlie’s Session 2020 preview yet? Because…
Back benchers in the Republican party who are free of the burdens of governing or math will likely grandstand on platitudes and purity tests. This will please hyper-partisans that call themselves the “base” and keyboard warriors in the comment section, but will please members of the minority party more.
…is one of many delightful paragraphs.
- Gwinnett County is getting a 640,000 square foot, 1,000 job Amazon facility – oh, and also around $19.7 million in tax incentives.
- And the party-flipping begins in battleground Gwinnett County.
- More than 60 blind vendors work in cafeterias, snack shops, welcome centers, and military bases in Georgia, part of what one official calls, “the greatest employment program in history for people who are blind.”
- Y’all know I love a good plastic bag ban fight, and we’re getting one in Georgia this session!
- Gwinnett’s libraries are done with the Dewey Decimal System.
- The special election to fill late Senator Greg Kirk’s seat is set for February – and qualifying was announced on the morning of qualifying.
- “Few cities exemplified 1980s America like Atlanta.“
About Author
Teri
Teri Anulewicz is a Democrat who represents House District 42 in the Georgia General Assembly. She previously spent nearly a decade on the Smyrna City Council. A native New Orleanian and quasi-Texan, Teri graduated from Agnes Scott College in 1998. She's been a front page contributor since 2015, and she compiles each Tuesday's Morning Reads.
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Is this really a good deal?
Taxpayers bill 19.7 Million.
That works out to be 1000 jobs at a taxpayer cost of S197,000 per job for 1 year,
OR $19,100 per job for 10 years.
The salary expected to be paid is around $32,500 per year so at 19.7 million that works out to be taxpayer paid salaries for 1000 jobs for just over 6 years.
The one item the article did not share was how long the tax incentives for Amazon last. Is it 1 year, 10 years or permanent?
If they hit 1000 jobs some of those workers will live in county and some outside the county but it is still 1000 taxpayers IF they actual hit 1000 jobs. Will that be enough to offset the cost to the taxpayer? Was there any incentive built in to the tax relief structure for Amazon that penalizes them if they do not hit the 1000 promised jobs?
Just a few questions for inquiring minds, Good Deal or Bad Deal?
The tricky thing about economic development and incentives is that you have to stack the quantifiables – the dollar amount of the incentive package – against the unknowns – economic halo effect, other businesses that will come because of Amazon and not need incentives, since Amazon is their incentive, an over increase in the property tax digest, etc.
I hear you but I always thought spinoff business was hard to quantify. Example Amazon will be using lots of boxes will they buy from a local vendor or simply have them shipped in or a combination of both? Obviously there will be some benefit but will it even out the taxpayers investment? Somewhere I’m sure a study has already answered the question.