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You sound like you don't know how tax breaks work....they aren't "forking over" anything, they are just taking less of Amazon's money in exchange for billions in tax revenue and 25k jobs.....
Instead, they decided to be "greedy" by not cutting them a deal, so they lost out on that tax revenue and those jobs.
Again, if you run a failing pizza company, and someone offers to buy a million pizzas that cost 20 bucks each if you give them a 20 cent a pizza discount, do you really stick to your guns and lose that sale just so that the rich guy couldn't get a discount? Will you celebrate when he later decides to buy only 20 pizzas for full price? After all, you didn't have to "fork over" $200,000 to get the larger deal done amirite? Apparently that's what you think you'd be doing by offering a discount. You'd probably just sit there smugly with the new $400 bucks in your pocket thinking you got over on someone.
Honestly, there's usually 2 sides of every issue, but this simply isn't one of them.
re, 2 sides:
want to argue the usefulness or outcome of corporate relocation/job creation tax breaks? Sure.
Act like AOC and the anti-Amazon folks of NYC did it then or should crow now for those reasons ... just flat wrong.
All except $500MM were incentives that any company can get. The $500MM was to re-zone/re-develop a particular area of Long Island City. The area right now has some taxi lots, warehouses, and other run down buildings. Amazon moving there would have made the area great. 1,500 in Manhattan doesn't help that at all.
As far as Excelsior, that is also available at the state level to most companies moving to NYS and bringing in jobs:
All the tech workers I know were excited about Amazon coming to NY. They would have sucked the talent up and made salaries jump across the board. 1,500 people does not have that effect.
Yet another pathetic thread OP? AOC screwed her own people by her arrogance and economic stupidity.
Ironic, when you consider the fact that she graduated with a degree majoring in international relations and economics from Boston University. And with honors too. If this is the product and result of 10's of thousands of dollars worth of education and time spent studying, than someone's getting ripped off here.
Trump lovers really do love handing out tax payer incentives. They truly are socialists in every sense of the word. Please government help me help me, give us poor billion dollar companies money and we promise to hire a few people.
Actually I don't like them at all, the biggest issue I see is if I'm a company already located there that's been paying taxes forever some company that gets a tax break to move to my locality has very unfair advantage over my product/service.
You certainly can't blame the company for seeking out the best location for their business. They are going to be looking at all kinds of things like energy costs, infrastructure and taxes weighing the advantages and disadvantages.
That said without every state, county and local government in the entire country onboard this will not end.
I can remember how conservatives were trashing AOC when she made it clear that Amazon had no business asking for tax incentives to move into NYC. So Amazon supposedly decided to cancel the deal.
Yeah, they canceled it alright. They’ve actually decided to go ahead with the deal regardless of the fact that they aren’t getting the incentive package.
This is how business is supposed to be done in the United States. If you want to set up business, then do so, but don’t go around asking municipalities to give you everything but the kitchen sink. That’s bad corporate behavior, and cities and states shouldn’t put up with it. Either this is a capitalist country, or it isn’t. Privatizing profit and socializing risk should be a no go.
Oh yeah...there’s this:
Yep. Looks like Facebook is coming to NYC too. I guess the notion that high taxes blah, blah, blah would keep businesses from coming to New York isn’t exactly true, is it? They aren’t gonna get the incentives either I’m sure.
Amazon was going to put a facility in her home district with up to 25,000 jobs. She chased them out badmouthing the company and the jobs.
Now they are putting in a facility with 1,500 jobs outside of her district in wealthier Manhattan.
With liberal voters like you, why does AOC need results? What is she actually bragging about? Did you actually think about results or just knee-jerk partisan loyalty flying in the face of reality?
Last edited by michiganmoon; 12-09-2019 at 04:15 AM..
Amazon is going to hire 2000 in new york city. The HQ2 plans, by contrast, had called for Amazon to add up to 25,000 new jobs that averaged six figures in New York City.
I don't know if that difference between 2000 and 24,000 jobs means much to retired people in arizona, but it probably does to young New Yorkers.
The jobs would have averaged six figure wages? I don`t think so but feel free to show me where you got those numbers.
The jobs would have averaged six figure wages? I don`t think so but feel free to show me where you got those numbers.
They were all tech jobs, pencil pushers, executive etc. It wasn't going to be a distribution center with the line employees.
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