Why Amazon's HQ2 plans remain 'shrouded in secrecy'

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Why Amazon's HQ2 plans remain 'shrouded in secrecy'

By Gina Acosta - 08/06/2018
Amazon has reportedly required the finalists to sign nondisclosure agreements that forbid the local groups to release proprietary information about the company.

Cities competing to host Amazon's second headquarters are keeping their negotiations with the retailer secret, even from elected officials.

According to The New York Times, city leaders are keeping discussions with Amazon “shrouded in secrecy.” City leaders reportedly refuse to discuss what they’ve agreed to do to bring Amazon to their cities.

Even civic leaders can’t find out what sort of tax credits and other inducements have been promised to Amazon. And there is a growing legal push to find out, because taxpayers could get saddled with a huge bill and have little chance to stop it,” according to The New York Times.

In many cases, the public might not find out about any tax incentives until after a city wins the HQ2 spot.

Read the New York Times article here.

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