Thursday, May 31, 2012
Gov. Doublewide brings 1500 low paying jobs to NJ
And all it cost was a 2 year corporate welfare grant from the state.
Amazon plans to build two large distribution centers in New Jersey that would provide an estimated 1,500 full-time jobs and would also enable New Jersey to collect state sales tax from the online retailer, Gov. Chris Christie announced on Wednesday.Not sure why they want the sales tax reprieve. The accounting cost is negligible for a pass through payment. I hope it helps Amazon get back on its feet soon..
The building of the warehouses, each about a million square feet, is scheduled to begin next year and would also result in thousands of part-time and seasonal jobs.
Under the arrangement between Amazon and New Jersey, the state will start collecting state sales tax of 7 percent by July 1 of next year. In discussions with state officials, Amazon had been seeking a two-year reprieve before it would need to begin to collect tax.
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