Technology: States are so eager to win Amazon's HQ2 they're offering the company as much as $7 billion
New Jersey proposed $7 billion in potential credits against state and city taxes if Amazon locates in Newark. Credit ratings and research company Moody's has ranked Austin as the most likely to win based on its labor pool, costs of doing business and quality of life, among other criteria. Amazon has said it will announce a decision for its second campus, in addition to its Seattle headquarters, next year. U.S. cities are offering Amazon as much as $7 billion in tax breaks ahead of a Thursday deadline as they compete to house its second headquarters.