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Amazon would bring $17 billion to Md. economy, if it picks Montgomery Co. for HQ

March 1st, 2018 by WCBC Radio

If Amazon chooses Montgomery County for its second headquarters, it would add more than $17 billion to Maryland’s economy, bring in $7.7 billion in wages and deliver more than $750 million in new tax revenues, a new report from the Maryland Department of Commerce finds.

The report came out just before hearings in Maryland’s General Assembly where lawmakers started considering a $5 billion package of incentives for the tech company, which is considering 20 locations for its headquarters.

Montgomery County Executive Isiah “Ike” Leggett testified before General Assembly House and Senate committees, encouraging lawmakers to back the incentives.

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