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It'll be DC. Why? A) makes sense. B) Bezos just bought a 30 million dollar house there. And he gets to pick. All the studies have found that corporate relocations always end up moving HQ near to the CEOs house. Which really should be the least surprising thing ever.
Boston (which has an insane cost of living) and Atlanta are outside choices. But this isn't about cities, this is about Bezos
And guesss what! Here’s what the DC government webiste says its income tax rates are:
4% on the first $10,000 of taxable income
6% on taxable income between $10,001 and $40,000
6.5% on taxable income between $40,001 and $60,000
8.5% on taxable income between $60,001 and $350,000
8.75% on taxable income of $350,001 and above
Looks like you live in the suburbs but if not, perhaps you’ve been underpaying?
Quote:
Originally Posted by Charlesaf3
It'll be DC. Why? A) makes sense. B) Bezos just bought a 30 million dollar house there. And he gets to pick. All the studies have found that corporate relocations always end up moving HQ near to the CEOs house. Which really should be the least surprising thing ever.
Boston (which has an insane cost of living) and Atlanta are outside choices. But this isn't about cities, this is about Bezos
DC's cost of living is just as high, if not higher than Boston's and it doesn't generate a fraction of the CS and AI talent that Boston does.
Last edited by gladhands; 09-21-2017 at 10:01 AM..
Baltimore, Philadelphia and St. Louis would make excellent left field picks, especially the first two. Unfortunately, I see Amazon as going with a trendy, booming city, so I'd be surprised if Austin or Washington don't win the nomination.
Philly is not a left-field pick, by people who actually listen to Amazon's list of needs, it's considered a prime contender.
DC's cost of living is just as high, if not higher than Boston's and it doesn't generate a fraction of the CS and AI talent that Boston does.
DC and Boston both have extremely high COL. In choosing either city, Bezos will have an outsized payroll. Of these two, however, I would give Boston the edge. It has a much more diversified economy, and RT 128 is ringed with tech companies. OTOH, DC has 3 broad classes of employees:
1. Federal employees
2. Federal contractors
3. Lobbyists and trade association staff who are courting favor from the government
This is not exactly the talent pool Bezos is seeking.
It'll be DC. Why? A) makes sense. B) Bezos just bought a 30 million dollar house there. And he gets to pick. All the studies have found that corporate relocations always end up moving HQ near to the CEOs house. Which really should be the least surprising thing ever.
Boston (which has an insane cost of living) and Atlanta are outside choices. But this isn't about cities, this is about Bezos
$30M is nothing for Bezos. Gotta have a nice crib while you're in town to lobby the government to make yourself richer!
It'll be DC. Why? A) makes sense. B) Bezos just bought a 30 million dollar house there. And he gets to pick. All the studies have found that corporate relocations always end up moving HQ near to the CEOs house. Which really should be the least surprising thing ever.
Boston (which has an insane cost of living) and Atlanta are outside choices. But this isn't about cities, this is about Bezos
Doesn't he have multiple houses in multiple cities? I believe he has places in Seattle, New York City, Beverly Hills and DC.
He's one of the richest people in the world, he can easily buy another house/estate in XYZ city where they build HQ2.
I'm not saying there is no way HQ2 will be going to NOVA/DC, but I wouldn't read into it too much that because he bought a $23 millon house there, HQ2 is going to be built there.
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Quote:
Originally Posted by Charlesaf3
It'll be DC. Why? A) makes sense. B) Bezos just bought a 30 million dollar house there. And he gets to pick. All the studies have found that corporate relocations always end up moving HQ near to the CEOs house. Which really should be the least surprising thing ever.
Boston (which has an insane cost of living) and Atlanta are outside choices. But this isn't about cities, this is about Bezos
Well, based on that presumption (and where is a link to these "studies"?), Bezos will narrow the field down to:
Van Horn, TX
Beverly Hills, CA
Medina, WA
New York City, NY
Washington, DC
Miami Beach, FL
Houston, TX
$30M is nothing for Bezos. Gotta have a nice crib while you're in town to lobby the government to make yourself richer!
Exactly. It's no different than literally every industry or large company having some sort of DC-area presence for lobbying/government relations purposes.
Doesn't he have multiple houses in multiple cities? I believe he has places in Seattle, New York City, Beverly Hills and Seattle.
He's one of the richest people in the world, he can easily buy another house/estate in XYZ city where they build HQ2.
I'm not saying there is no way HQ2 will be going to NOVA/DC, but I wouldn't read into it too much that because he bought a $23 millon house there, HQ2 is going to be built there.
Why do you guys always pair nova/DC as if nova is synonymous with DC? They couldnt be more far apart in development patterns. D.C. is urban while 99% of nova is a soulless suburb void of culture and character which is what Amazon stated they want in their RFP.
There's also a place called Maryland which actually gave the land for our Nations capital that has far more places that are urban with character than nova in the D.C. area (Montgomery, Prince George's) and Baltimore area.
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