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What needs to be squared? If Amazon paid 0 in corporate taxes to New York, who cares?
The income tax on wages was going to be astronomical.
Do you realize the AVERAGE wage of those amazon jobs was going to be $150,000. That is mind blowing and would have been close to $4 Billion in fully taxable wages PER YEAR
Just googled what you said. Wages in Seattle Amazon vary from $97000-$137000. Where did you get your $150000 average figure?
Everybody acted stupidly -- Amazon, government officials, Gov. Cuomo, the mayor. I refuse to take a side in this fiasco.
Amazon is the richest company in the world. Why did it need taxpayer's money as an incentive to build? Thieves. We needed that money to improve our roads and bridges.
Government looked this gift horse in the mouth and lost. It showed no respect to a multi-billion dollar company eager to bring 25,000 jobs to NYC.
Once again, the rich guys have ****ed the people. We're the ones struggling to make ends meet. We're the ones who lost.
The government overall wanted the jobs and prosperity. The progressive business-haters, who comprise a small subset of the government, are the ones to blame.
Ocasio-Cortez and Elizabeth Warren and their ilk are literally the enemies of prosperity, the enemies of American values, and ultimately the enemies of humanity.
American should have their eyes wide open. Electing anything like an Elizabeth Warren or an Occasional-Cortex, at any level of government, is going to be choosing failure and destruction for our country.
This was an illustration of what is to come if we move further toward the Left.
The Amazon debacle must now take center stage in the political debate as we approach the next election. We can use this. We are going to use this.
Gov. Andrew Cuomo and Mayor Bill de Blasio lobbied intensely to land Amazon. Looks like the new dem party has left them way behind. How far left are they going to go? North Korea left? Lots more economic equality in North Korea!
Gentrification is GOOD. Better people are GOOD. A nicer, cleaner, more sophisticated city is GOOD. Slums and poverty are BAD. Drug users and homelessness are BAD.
And companies SHOULD NOT be "giving back" to anyone but the shareholders. They are not charity agencies.
So how did that work for San Francisco?
Not only do those poor people actually go somewhere (rather than disappearing into thin air for your convenience), they end up even poorer from the expenses and instability brought by being forced out.
Last edited by ohhwanderlust; 02-15-2019 at 10:11 AM..
Even if New York agreed to ZERO INCOME TAXATION on Amazon FOREVER, the payroll taxes on the 25,000-40,000 jobs, the taxes on all the new businesses, the ad valorem increase in property taxation on all of Queens and parts of the other boroughs, the sales tax on all the new purchasing, the tolls and fares on all the new people using public transportation, it goes on and on and would have been breathtaking. There is no stating how cataclysmic this failure is, and there is no window dressing it. It's too big. It's too bad. And it's going to take people down. And I'm GLAD.
So let's tax all of the little guys, while the Amazon gets a free ride. Nice.
Amazon is a corporate entity that would have brought wealth, prosperity, success, enrichment, and progress to Long Island City. They should get a free ride. Their free ride is generating 1000 times the cost of that ride. New York should allow ALL such entities a free ride. The net benefit would be staggering.
That’s a problem in NY for sure. Why would they even consider one of the most union strong areas in the country to begin with?
Only in the US is it considered troubling for workers to join together and demand decent rights and protections.
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