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Tax breaks News

New York City's tech talent lures Amazon to open office by 2021

Amazon is coming to New York City after all. The tech giant has signed a lease for a new office space in Manhattan that will house more than 1,500 employees, less than a year after pulling out of a deal for a larger headquarters in the borough of Queens.

San Francisco begins offering tax breaks to urban farms

San Francisco - Farms, in San Francisco? Moo! Not only are there farms operating and producing now, there will likely be many more in the next five years as a new state property tax break kicks in.

Hollywood wants movies and shows made in California again

Years back, aspiring actors and actresses would follow their dreams to Hollywood, California with hopes of landing a part that would put them on the silver screen.

Op-Ed: Boeing receives biggest tax break ever from Washington State

Everett - Boeing Co. received a huge tax break from the Washington State legislature on Monday November 12 as governor Jay Inslee signed into law tax breaks that stretch out over 27 years until 2040.

Tax breaks for UK shale-gas production angers opponents

New tax breaks outlined by the British government that will benefit the UK shale-gas industry have been heavily criticised by Friends of the Earth and Greenpeace.

Op-Ed: Sears Announcement Blurs Tax Deal in Illinois

It's more than just the closure of Sears that concerns residents and politicians in Illinois, it's the recently passed tax incentive.

Sanders takes Obama to task: ‘Stand with the American people’

Washington - In prepared remarks before the US Senate on Monday, Senator Bernie Sanders (I-VT), told President Barack Obama the time has come when he must “stand with the American people” and deny the Republican party its extreme demands.

Researchers say U.S. tax breaks subsidize foreign oil production

Recent research claims the largest U.S subsidies to fossil fuels can be attributed to tax breaks aiding foreign oil production.

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