AOC was spot on about Amazon. They’re coming to NYC anyway. Lol (Congress, legal)
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Here is a fairly honest take on things. Read the whole thing. They will get tax incentives under existing plans, they just didn't get extra special ones and this is organic growth.
Here is a fairly honest take on things. Read the whole thing. They will get tax incentives under existing plans, they just didn't get extra special ones and this is organic growth.
They were all tech jobs, pencil pushers, executive etc. It wasn't going to be a distribution center with the line employees.
That’s the other thing...until they’re all set up, who knows what you’ll get.
Like I said before, I’m in Tennessee right now, and I’ve heard the stories about what Nissan promised vs what Nissan delivered. Let’s just say that the locals are unimpressed. And this state gave Nissan the key to the state and every family’s firstborn son.
People act as if these corporations are honest brokers.
That’s the other thing...until they’re all set up, who knows what you’ll get.
Like I said before, I’m in Tennessee right now, and I’ve heard the stories about what Nissan promised vs what Nissan delivered. Let’s just say that the locals are unimpressed. And this state gave Nissan the key to the state and every family’s firstborn son.
People act as if these corporations are honest brokers.
lol You voted for Obama, you don't care about dishonesty and not keeping their word. hahahahaha Good one. Or maybe you did know his word was no good with horrible polices but voted for him because he's black?
She cost her constituents jobs, period. But why work when one can get welfare, right?
Keep in mind, most of the Amazon incentives were available to any company moving in to NY.
If your objection is on principle, that's one thing, but to decry the Amazon deal because of the incentives doesn't make any sense.
I don’t have any objection to Amazon going to New York, if the cost-benefit makes sense. I was just pointing out that Virginia made a better bargain on alluring Amazon. However, one can make the argument that they would’ve located there anyway with the government being a main client for their bread and better AWS( cloud computing).
Last edited by ecko_complex24; 12-09-2019 at 09:43 AM..
Valid point; however, sometimes even a brief loss is of benefit in the long run.
People in manufacturing know that sometimes you do jobs at a loss because it pays off in other ways.
In manufacturing, it's common that having a machine sit idle is more expensive than running a jib at a loss.
In a community, having those jobs could keep property values from taking a dip. When values dip, in most communities, property taxes drop.
There are a ton of factors that can't be easily calculated such as confidence. Confidence has a monetary value, but it's practically impossible to calculate.
Yep long term benefits should be weighted into the decision. It is hardly as cut and dry as many people make it out to be. You have to weigh in the expanse of the tax base, not to mention the many businesses that will be supported directly and indirectly by the arrival of Amazon. Just as it would be prudent to weigh in the strain of infrastructure and the possible deterrent for future companies to locate in your area. All in all I think that amazon will provide a net benefit in Northern Virginia.
I don’t have any objection to Amazon going to New York, if the cost-benefit makes sense. I was just pointing out that Virginia made a better bargain on alluring Amazon. However, one can make the argument that they would’ve located there anyway with government being a main client for their bread and better AWS( cloud computing).
Probably. If states and munies quit giving away badly needed tax dollars to all these super wealthy corporations, this nonsense of going around pitting states and cities against each other to see who can give away even MORE would stop. Everyone is acting as if Amazon didn’t already get a large 14% corporate tax cut at the Federal level. When is enough actually enough? When they pay NO taxes at all?
lol You voted for Obama, you don't care about dishonesty and not keeping their word. hahahahaha Good one. Or maybe you did know his word was no good with horrible polices but voted for him because he's black?
She cost her constituents jobs, period. But why work when one can get welfare, right?
He actually had the nerve to drive a van over there.
Didn’t matter though. The freight was too heavy so they had to bring in a crane.
Probably. If states and munies quit giving away badly needed tax dollars to all these super wealthy corporations, this nonsense of going around pitting states and cities against each other to see who can give away even MORE would stop. Everyone is acting as if Amazon didn’t already get a large 14% corporate tax cut at the Federal level. When is enough actually enough? When they pay NO taxes at all?
No, it wouldn't end as long as different cities and states have different levels and forms of taxation, which will be eternal. Corporations will pick the location that works best for them financially. Without the ability to offer tax incentives, areas with high taxes wouldn't even be in the running.
Probably. If states and munies quit giving away badly needed tax dollars to all these super wealthy corporations, this nonsense of going around pitting states and cities against each other to see who can give away even MORE would stop. Everyone is acting as if Amazon didn’t already get a large 14% corporate tax cut at the Federal level. When is enough actually enough? When they pay NO taxes at all?
I agree. At some point other factors have to play a larger role. The stability of a given area, the surrounding talent pool, the local infrastructure and transportation that can meet the induced demand, etc. At some point the tax incentives stop making sense and the other factors are what really pull in some businesses, but hey as long as states and municipalities play the game, then there won’t be a reasonable measure as to how much weight these other factors weigh into the decision.
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