In a recent cost-benefit analysis, experts are estimating that SC could bring in $162.6 million in the first year of the proposed Amazon deal. That same report is estimating Amazon’s distribution center would bring the state $1.1 billion over 10 years.
As the Senate gathers today to place a second vote on the deal that would bring 1,250 jobs and a $90 million capital investment, this analysis has people wondering…who wouldn’t want that?
Apparently Gov. Nikki Haley. She’s opposed the specifics of the deal from the beginning. Saying the proposed sales-tax exemption is unfair to existing retailers that must collect the tax. Even after the release of the analysis, there’s been no official word from Haley as to whether or not she’s seen the light.
Haley’s opposition isn’t the only hurdle that’s left. There’s only two weeks to go in the regular session putting the pressure on officials to push the vote up to today. Supporters in the Senate have spoke out about their eagerness to get the chance to vote. Many are confident Senate would approve the deal, if they could just get the chance.
But, that can’t happen until the Senate wraps up work on their budget.
Who knew making $162.6 million was so difficult?