How companies like Amazon and Facebook fleece communities out of billions
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Nondisclosure agreements are used by corporations to secure billions of dollars in tax incentives and subsidies with little public oversight. A new campaign calls for an end to the NDA.
On the floor of the Kansas Legislature in early February, lawmakers held a brief debate over a piece of legislation called the Attracting Powerful Economic Expansion Act, or APEX. The bill would provide a substantial tax incentive—estimated at a total of $1.2 billion—to attract a large corporation to build a production plant within the state. The name of the company, though, was a secret.