Subsidy Sheet: STAMP, Micron, Amazon, OZs, Jesus.

NY corporate giveaway news from this week:

• Genesee County residents are concerned about the environmental impact of gigantic data centers proposed for STAMP, the industrial park in their thinly-populated farm country (Democrat & Chronicle). Last week, we showed that even the least-subsidized proposal would cost taxpayers a whopping seven times more than New York would have given Amazon for its much-criticized HQ2 in Queens, NYC.
• A class action lawsuit was filed against Micron for alleged securities fraud (GlobeNewswire).
• Amazon, a company valued at $2.4 trillion, is expected to apply for subsidies for a warehouse it wants to build anyway in upstate Montgomery County (Syracuse Post-Standard).
• Opportunity Zones continue to deliver mixed results for investors (ATTOM).
• During his confirmation hearing, new HUD secretary Scott Turner claimed Opportunity Zones are part of Jesus’s plan for you: “I saw first hand the impact of this initiative, as it gave Americans living in underserved communities an opportunity, a foundation to start businesses, to live in better homes, to be self-sustaining, to be confident, and to unleash that promise and potential that the Lord has given each of us in our country.”

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