WEDC awards $7.5 million in tax credits to Amazon for Wisconsin projects

The Wisconsin Economic Development Corp. has awarded up to $7.5 million in tax credits to Amazon.com for job creation and capital investment for any investments Amazon makes in Wisconsin, including the company’s new $200 million Oak Creek distribution center.

The actual amount of credits the company will receive is contingent on the number of jobs created and the amount of capital investment the company makes through 2024, WEDC said Monday. All tax credits are “pay as you grow,” which means the company must create the jobs and invest the capital before it can receive any credits...

...This is the second time in recent years WEDC has provided tax credits to Amazon. Previously, Amazon committed to its Kenosha project that opened in 2014, and secured a combined $32.3 million in incentives from the state of Wisconsin and city of Kenosha....

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Ken Notes: I do not have a problem with offering incentives to Amazon, I just wish we had a program for EVERY growing business in the state to benefit from expanding their workforce. It has to be frustrating for a small Wisconsin firm wanting to bring on two or three employees to see big brother get millions.