Amazon’s HQ2: Alaska’s opportunity for economic diversification

Creating wealth unfortunately doesn't just happen; rather, it’s a function of having a "can do" spirit, working hard, being smart and sometimes even a little luck comes into play. We don't have to look very far, only to Seattle, to see the negative consequences of what happens when government places a local income tax on individuals. The reaction was swift and severe. Amazon’s founder and chairman, Jeff Bezos, announced that his company — which from 2010 through 2016 provided $38 billion to Seattle’s economy — plans to open Amazon HQ2, a second company headquarters in North America. Amazon is now asking other cities and states across the nation to submit their proposals to home HQ2.

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