CBS News: After Amazon’s HQ2 Hunt, Some States Target Corporate Tax Breaks

While it’s common for corporations to seek tax breaks in exchange for moving to a particular location, Amazon’s solicitation was unusual in how public it was. Corporate location experts say tax considerations are rarely a deciding factor in where a company chooses to locate. And it’s not certain this type of interstate warfare creates genuinely new jobs. A 2013 report from the Institute of Taxation and Economic Policy found that incentives “are much more likely to reshuffle investment between geographic areas than they are to spur genuinely new economic activity.”Read more