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Corporate Tax Deals May Be Public, But What Happens Next Is Often Secret
Governing: Three weeks after Amazon announced it would back out of plans to build a second headquarters in New York City, Mayor Bill de Blasio and Gov. Andrew Cuomo are still lobbying to woo the company back in hopes of getting the 25,000 jobs and billions in community investment that it promised.
But there's no guarantee a company will deliver on its job promise in the first place. In fact, new research shows that it's not rare for companies to end up lowering their job targets after inking a tax incentives deal with the state.
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