From today’s Globe Business Section, we find out that Republican Governor Baker is doing what Republicans always do: take taxpayer money and give it to billionaires and corporations that don’t need it.
The Baker administration said Tuesday that it’s spending $20 million to bring Amazon, and 2,000 jobs, to a new building at Seaport Square.
It’s money that the project’s developer, Chestnut Hill-based WS Development, had last year agreed to spend on transportation improvements as part of city and state permitting for Seaport Square, a massive mixed-use development being built in the Seaport District.
The $20 million will instead come out of the state’s coffers, with the savings, along with a $5 million property tax break from the city, probably being passed along to Amazon in the form of lower rent.
This looks terrible. UMass Boston is really hurting, UMass tuition is going up, passing the hurt on to the students, and Charlie Baker thinks the best way to spend $20 million of our money is to give it to Amazon and some rich developer in Wellesley. Just after Bezos announces he wants to spend his $131 billion on space travel. Amazon does not need financial assistance from Mass taxpayers. I think Baker knows he’s moving money around in a bad way because he’s trying to be really quiet about it:
But the Amazon funding deal came as a bit of a surprise. It wasn’t approved by any state boards or mentioned in Tuesday’s press releases announcing the expansion. The arrangement was negotiated between the state, Amazon, and WS Development as part of lease discussions over the past few months. It was mentioned only after queries from the Globe about whether Amazon would receive any state incentives.
We need some oversight from the Legislature here! Get that money back.