Researcher on Amazon HQ2: Chicago taxpayers would’ve been on the hook for literally billions of dollars of subsidies

News

The Amazon logo is projected onto a screen at a press conference on September 6, 2012 in Santa Monica, California. (Photo by David McNew/Getty Images)

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

Chicago is out of the running for Amazon’s HQ2.  The online retail giant has instead decided to split up its headquarters into two locations: Northern Virginia an New York City.

WGN’s Ryan Burrow spoke with Dr. Michael D. Farren, a Research Fellow at the Mercatus Center at George Mason University in Northern Virginia, who says it may not be a bad thing for Chicago.

Farren says the city was offering up billions of dollars in subsidies that could’ve hurt small businesses.

Dr. Farren also thinks Amazon may have known from the beginning where it wanted to put the headquarters.

Business News

More Business News

Political News

More Political News

Technology News

More Technology News

Science News

More Science News

Entertainment News

More Entertainment News

Odd News

More Odd News
More Home Page Top Stories

Popular