Amazon Went Fishing and Virginia Took the Bait


Virginia Gov. Ralph Northam’s signing over of as much as $750 million in taxpayer subsidies to Amazon is a reminder of how terrible politicians can be even when going about the normal business of policy-making.

(From Reason)

Offering massive subsidies to companies as a way of luring jobs and investment is hardly a practice unique to Virginia, although this specific proposal to award Amazon nearly a $1 billion in cash payments—as opposed to tax credits or abatements—is somewhat unusual.