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A comment on Subsidies Awarded to Amazon: at least $4.04B and Counting. Parent comment

Re:Subsidies Awarded to Amazon: at least $4.04B and Counting by gruez on Tuesday May 18, 2021 @11:52AM (#27196336)
>I wonder how much of these "subsidies" are actually tax abatements as opposed to a handout?

Is there a difference? Money is fungible so there's really no difference between a $1M check from the government and $1M in tax abatements.

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Re:Subsidies Awarded to Amazon: at least $4.04B and Counting by sokoloff on Tuesday May 18, 2021 @03:36PM (#27199911)
Many of these abatements are over a period of time making the net-present-value of the abatement lower than the face value, which also provides some insurance against a project failure (whereupon you can stop the future abatements in a way that you can't as easily claw back a check that's already been cashed by a company that’s now bankrupt).
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