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Cities Offer Tax Breaks To Amazon As HQ2 Competition Draws To A Close

Online retail giant Amazon Inc. has received multiple offers of tax breaks as a part of the company’s national competition for Amazon’s second headquarters. According to Reuters, the HQ2 competition came to an end on Thursday, October 19, and will include up to 50,000 new jobs and a $5 billion investment for the winning city. Not only that, but housing prices in the chosen land are expected to rise considerably.


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