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Recently Jeff Bezos is stopping construction of new Amazon office building in Seattle to protest new Seattle tax laws geared to fund homeless and affordable housing. The tax was once implemented before the recession of 2008 and then repealed during the recession. Now Seattle is looking to use it to help combat increase homelessness.
Jeff Bezos hates taxes against his company and he will use WaPo and his Amazon business power to fight against taxes.
There is good reason that Amazon HQ2 will stay away from sanctuary and high population density cities because Jeff Bezos hates being taxed while their employees keep coughing up more taxes in Seattle as well as skyrocketing home prices nearby.
It's very common for Amazon workers to work less than 18 months in Seattle because they've been priced out of the area.
If Amazon were to create HQ2 in NYC, NJ, or DC. It will have a huge effect to the city and while Amazon may escape taxes for the duration of the tax free deal it won't last forever.
Whoever runs Albany or Trenton eventually will introduce tax laws targeting Amazon in order to fix income inequality issues and homelessness that already exist in the big cities.
I hope they don't come to NYC, but if they do, the City and the State shouldn't give them overly generous tax incentives. Amazon should go to Boston or the DMV region.
Recently Jeff Bezos is stopping construction of new Amazon office building in Seattle to protest new Seattle tax laws geared to fund homeless and affordable housing. The tax was once implemented before the recession of 2008 and then repealed during the recession. Now Seattle is looking to use it to help combat increase homelessness.
Jeff Bezos hates taxes against his company and he will use WaPo and his Amazon business power to fight against taxes.
There is good reason that Amazon HQ2 will stay away from sanctuary and high population density cities because Jeff Bezos hates being taxed while their employees keep coughing up more taxes in Seattle as well as skyrocketing home prices nearby.
It's very common for Amazon workers to work less than 18 months in Seattle because they've been priced out of the area.
If Amazon were to create HQ2 in NYC, NJ, or DC. It will have a huge effect to the city and while Amazon may escape taxes for the duration of the tax free deal it won't last forever.
Whoever runs Albany or Trenton eventually will introduce tax laws targeting Amazon in order to fix income inequality issues and homelessness that already exist in the big cities.
So we're in a position where we pretty much openly let a corporation dictate how social policy is determined? I realize Amazon (heck, any corporation) has an obligation to its shareholders to maximize profit; but they also have to realize they have to be responsible citizens of wherever they're quartered. You'd think billions of $ of tax concessions and God knows what else would be an adequate lure. Sounds now like we're moving into "Greed Prime" territory.
Wherever amazon goes, displacement and homelessness will surge. That’s what happens when wages are stagnant even after massive tax breaks.
Ny is actually more equipped to handle amazon in terms of already available housing and transportation. Amazon impact would be almost non existent in nyc than say them going to a smaller city case in point what happened in Seattle over 10 years. Our problems already exist, if Nashville or atl gets a homelessness surge, they will be unprepared
Recently Jeff Bezos is stopping construction of new Amazon office building in Seattle to protest new Seattle tax laws geared to fund homeless and affordable housing. The tax was once implemented before the recession of 2008 and then repealed during the recession. Now Seattle is looking to use it to help combat increase homelessness.
Jeff Bezos hates taxes against his company and he will use WaPo and his Amazon business power to fight against taxes.
There is good reason that Amazon HQ2 will stay away from sanctuary and high population density cities because Jeff Bezos hates being taxed while their employees keep coughing up more taxes in Seattle as well as skyrocketing home prices nearby.
It's very common for Amazon workers to work less than 18 months in Seattle because they've been priced out of the area. Going to Newark might be good for the overall region though. Otherwise, I also favor Chicago, Atlanta, and Pittsburgh.
If Amazon were to create HQ2 in NYC, NJ, or DC. It will have a huge effect to the city and while Amazon may escape taxes for the duration of the tax free deal it won't last forever.
Whoever runs Albany or Trenton eventually will introduce tax laws targeting Amazon in order to fix income inequality issues and homelessness that already exist in the big cities.
You fail to mention that it’s also commom for Amazon workers to quite because the work environment is pretty awful compared to the other major tech companies. The pay is very good though and those stock options for many are now looking mighty good.
NYC’s tech scene will do fine without a massive Amazon presence.
You fail to mention that it’s also commom for Amazon workers to quite because the work environment is pretty awful compared to the other major tech companies. The pay is very good though and those stock options for many are now looking mighty good.
NYC’s tech scene will do fine without a massive Amazon presence.
Amazon’s most profitable business is Amazon Web Services. They would risk losing the ability to be market leaders and allowing other tech competitors like Google and IBM to catch up if they move to a place that Software Enginners don’t want to live in.
GE moved out of Connecticut because of taxes and lack of ability to recruit talent.
Amazon’s most profitable business is Amazon Web Services. They would risk losing the ability to be market leaders and allowing other tech competitors like Google and IBM to catch up if they move to a place that Software Enginners don’t want to live in.
GE moved out of Connecticut because of taxes and lack of ability to recruit talent.
Yes, I’m aware of that. The places I listed are in or near places where many software engineers already live or are trained. I didn’t list a place like say Oklahoma City which is a truly sad city. I’m guessing that’s also partially why all those places made the finalists list.
I wouldn’t be too thrilled about this going in NYC regardless.
I wouldn’t be too thrilled about this going in NYC regardless.
Why is that? Many industries headcount is shrinking (Finance, Media, etc...). I can't imagine all the commercial office space being filled by startups.
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