Wednesday, June 03, 2015

I'll believe 1,000 when it happens

Big data gets a boost
Amazon is expected to employ 120 at data centers it recently announced in Dublin, Hilliard and New Albany; statewide, the number is anticipated to rise to 1,000. The company’s total investment over the next three years in central Ohio alone is an estimated $1.1 billion...

Development officials at the state and in each of the three suburbs stepped up with significant incentives to land Amazon, which is appropriate given the size of its investment and job creation. The state has approved tax incentives for the project valued at an estimated $81 million. That isn’t a handout, but a benefit that Amazon will earn as it actually invests and creates jobs here.
A real bargain at only $675,000 for each job.

Ohio requires Amazon to collect sales tax, so Ohioans might ask why the incentive wasn't to give consumers a tax break on sales tax instead of giving a subsidy to Amazon. Or, if protecting and promoting local business is the objective, make Brick & Mortar retail sales tax free for Ohioans.

It begs credulity to think that Amazon will create 1,000 future jobs, given their push to automation.

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