As I was driving through the business park in Greensboro today that contains an Amazon fulfillment center, I was thinking, “there’s not a business out here that’s paying a cent in taxes.” Like so many of those parks, it had that look about it.
All buildings new, pristine. Not a one ever rented a shabby warehouse then worked up to something nicer.
I’ve seen many that were one-item companies that made such things as an anti-static wipe or a plastic injector pen. My guess is that they burn through the “incentives,” drain assets, then vanish.
But what do I know. Not a thing.