Quantcast

Grand Canyon Times

Thursday, November 21, 2024

Arizona local governments give Amazon $5 million in tax breaks

Edited2 gorodenkoff stock adobe

Gorodenkoff/Adobe Stock Photo

Gorodenkoff/Adobe Stock Photo

Amazon received $5 million in subsidies, tax breaks, and grants from Arizona communities for two projects.

Advocacy group Good Jobs First, which opposes such subsidies, found Arizona provided the 35th-highest amount of grants and breaks among U.S. states to the nearly $1-trillion company.

Arizona is ranked behind New Mexico (1 project/$5 million) and ahead of Nevada (5 projects/$3 million), Rhode Island (1 project/$3 million), and Maine (11 projects/$578,828).

The most expensive subsidy provided in Arizona is from an undisclosed municipality. It's worth $4 million in job creation grants and EZ tax breaks, but provided information does not specify where the money comes from and for what project in which area of the state. 

The second largest subsidy was worth $739,671 for a job training grant in Phoenix.

There was one development which received undisclosed subsidy amounts.

Arizona does not offer many subsidies provided by other states, such as film subsidies, but it does have a significant problem reporting what subsidies are offered. 

For example, the cost of the largest tax expenditure in the state, known as the Research and Development Non-Refundable Tax Credit, aren't disclosed at all by the state government. 

As of Nov. 17, 2022, Amazon had received 310 separate tax break deals from local and state governments across the U.S., totaling $5.14 billion. The state of Virginia was home to the largest portion of these taxpayer-subsidized Amazon projects. 

Amazon Tax Breaks Across the U.S.
State# ProjectsTotal Subsidy
Virginia20$824,291,799
Illinois16$732,973,199
New York22$671,446,986
Washington10$608,644,670
Oregon32$483,459,645
Texas13$305,959,751
Ohio14$172,418,555
Tennessee20$166,030,438
Kentucky21$111,789,976
Missouri2$110,600,000
Massachusetts5$86,979,275
California12$84,541,000
Michigan5$82,352,146
Maryland3$68,425,000
South Carolina5$64,297,962
Indiana15$60,389,500
Alabama2$56,500,000
Wisconsin6$54,135,500
Louisiana7$48,967,587
New Jersey3$45,422,240
Florida13$43,239,475
Connecticut3$37,700,000
North Carolina5$31,186,975
Pennsylvania4$29,557,871
Georgia5$27,115,929
Mississippi3$23,925,795
Iowa2$22,400,000
Kansas2$21,802,522
Colorado9$15,779,091
Oklahoma5$11,207,651
Utah3$9,780,226
Delaware2$7,972,500
Minnesota1$5,700,000
New Mexico1$5,244,071
Arizona2$5,139,671
Nevada5$3,251,324
Rhode Island1$2,700,000
Maine11$578,828

MORE NEWS