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Amazon CEO Jeff Bezos. Photo: Drew Angerer / Getty Images

Government transparency activists are complaining local governments won't make public details of the tax-break and incentive packages they are offering to entice Amazon to bring its new headquarters to their jurisdictions.

"More than 15 states and cities, including Chicago, Cleveland and Las Vegas, refused requests from The Associated Press to detail the promises they made to try to lure the company, " reports the AP.

State and local government leaders argue that making their offers public puts them in a bad negotiating position, with one telling the AP that their offer is a "trade secret."

  • "It's all paid for by taxpayer dollars," Greg LeRoy, head of Good Jobs First, told the newswire. "Therefore, it should all be public."

Not all governments are refusing to make their offers public, as states and cities like New Jersey and Houston have disclosed their $7 billion and $268 million packages, respectively.

Why it matters: The complaints add another wrinkle to debate over whether Corporate America has an unfair advantage when negotiating tax benefits that forces small businesses and workers to finance a rising share government spending.

Go deeper

Dion Rabouin, author of Markets
27 mins ago - Economy & Business

The digital dollar is now high priority for the Fed

Illustration: Aïda Amer/Axios

The U.S. is starting to get serious about a central-bank-backed digital currency, with recent comments from top officials laying out the strongest support yet.

Driving the news: On Tuesday Fed chair Jerome Powell told Congress that developing a digital dollar is a "high priority project for us," but added that there are "significant technical and policy questions."

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Coinbase files to go public

Illustration: Eniola Odetunde/Axios

Cryptocurrency exchange Coinbase on Thursday filed to go public via a $1 billion direct listing.

Why it matters: This comes in the midst of a crypto boom, and the listing may further legitimize the industry.

Trump’s blunt weapon: State GOP leaders

Trump supporters rally near Mar-a-Lago on Feb. 15. Photo: Joe Raedle/Getty Images

President Trump didn't have to punish his critics in Congress — his allies back in the states instantly and eagerly did the dirty work.

Why it matters: Virtually every Republican who supported impeachment was censured back home, or threatened with a primary challenge.