Newark Mayor Baraka Adds Amazon HQ2 Bid to Growth Improvement Plan

The video discusses Newark's efforts to attract Amazon's second headquarters by offering tax incentives and the potential economic impact of such a move. Mayor Ras Baraka highlights the city's strategies to improve financial health without layoffs, emphasizing collaboration with businesses and universities. The video also touches on the challenges of improving New Jersey's transit infrastructure, calling for investment from both state and federal governments.

What is the primary goal of Newark's bid for Amazon's second headquarters?

• To increase tourism in Newark

• To reduce housing costs

• To create jobs and boost the local economy

• To improve public transportation

How does Newark plan to use tax abatements to attract Amazon?

• By offering subsidies for new construction

• By reducing property taxes for all businesses

• By providing payroll tax exemptions for hiring local residents

• By offering free land

What unique tax does Newark have that other cities in the state do not?

• Sales tax

• Property tax

• Payroll tax

• Luxury tax

What initiative is Newark implementing to improve collaboration between businesses and local residents?

• Newark Business Alliance

• Newark 2020

• Newark Community Partnership

• Newark Green Initiative

What is a key challenge mentioned in improving New Jersey's infrastructure?

• Lack of skilled workers

• Insufficient state and federal investment

• High cost of materials

• Environmental regulations