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May 25, 2019A good company citizen is a company that first views the significance of being a good citizen as an integral part of their core enterprise. As a part of Amazon’s investment, Tennessee, Davidson County and town of Nashville will profit from 5,000 full-time, excessive-paying jobs; over $230 million in funding; 1 million sq. toes of power-efficient office space; and an estimated incremental tax income of greater than $1 billion over the next 10 years on account of Amazon’s funding and job creation.
This includes a money grant for capital expenditures from the state of Tennessee of $sixty five million based mostly on the corporate creating 5,000 jobs over the following 7 years, which is equivalent to $thirteen,000 per job; a money grant from the city of Nashville of up to $15 million based on $500 for every job created over the next 7 years; and a job tax credit to offset franchise and excise taxes from the state of Tennessee of $21.7 million based mostly on $four,500 per new job over the next 7 years.
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