APNewsBreak: Amazon in talks for NJ warehouses
Wednesday, February 8, 2012
TRENTON, N.J. (AP) -- Amazon.com, the world's biggest online retailer, is in talks to bring two warehouses to New Jersey.
The deal could bring 1,500 or more full-time jobs to a state where unemployment has hovered around 9 percent.
State Assembly Democratic Leader Lou Greenwald has been involved in the talks. He says Amazon is seeking a 22-month sales tax holiday.
The Seattle-based online retailer is not required to collect the 7 percent state sales tax for purchases like brick-and-mortar retailers do. That led to what Greenwald and others believe is an unfair advantage for Internet-based sellers.
New Jersey stands to collect $200 million or more a year in sales taxes if Amazon locates there, after its exemption ends.
Amazon spokesman Braden Cox declined to comment.
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