By Danny Westneat for The Seattle Times - There’s rising worry that corporations are taking over America. But after reviewing a slew of the bids by cities and states wooing Amazon’s massive second headquarters, I don’t think “takeover” quite captures what’s going on. More like “surrender.” Last month Amazon announced it got 238 offers for its new, proposed 50,000-employee HQ2. I set out to see what’s in them, but only about 30 have been released so far under public-record acts. Those 30, though, amply demonstrate our capitulation to corporate influence in politics. There’s a new wave, in which some City Halls seem willing to go beyond just throwing money at Amazon. They’re turning over the keys to the democracy. Coming from the home of the largest corporate tax-break package in U.S. history, which our state gave to Boeing, I figured I was well acquainted with the dark arts of economic-incentive deals. But still I was surprised to see the lengths to which some cities and states will go to get a piece of that high-tech glory. Example: Chicago has offered to let Amazon pocket $1.32 billion in income taxes paid by its own workers. This is truly perverse. Called a personal income-tax diversion, the workers must still pay the full taxes, but instead of the state getting the money to use for schools, roads or whatever, Amazon would get to keep it all instead. “The result is that workers are, in effect, paying taxes to their boss,” says a report on the practice from Good Jobs First, a think tank critical of many corporate subsidies. Most of the HQ2 bids had more traditional sweeteners. Such as Chula Vista, California, which offered to give Amazon 85 acres of land for free (value: $100 million) and to excuse any property taxes on HQ2 for 30 years ($300 million). New Jersey remains the dollar king of the subsidy sweepstakes, having offered Amazon $7 billion to build in Newark.
