Msg. 24691 of 62138 (This msg. is a reply to
24592 by
kathy_s16)
Jump:
>>>
The cheers that followed Amazon’s decision to pull out of New York are misguided and troublesome.
>>>
I'm not too sure about that.
How much tax revenue was new yoke supposed to pass on to get the deal?
How much in new construction and roads, etc, etc, etc, would new yoke
have been on the hook for to get amazon 'installed'?
If the 'deal' was like all those new NFL stadiums . . .
It might have been a very good deal - for Amazon.
But not for the rest of U.S.
Zim.
>>>
New York’s Amazon Deal Is a Bad Bargain
Nov. 14, 2018
The city has what the company wants, talent. Why pay them $1.5 billion to come?
... Skip a bunch ...
But the plan calls for the state to dispense $1.525 billion to the company, including $1.2 billion from its Excelsior program, which will reimburse Amazon $48,000 for every job. Another state agency, Empire State Development, will offer $325 million to the Amazonians tied to real estate projects. As for the city, Amazon can apply for tax credits that could be worth north of $1 billion from programs known as ICAP and REAP that reward companies for job creation generally, and outside Manhattan specifically. (And the campus is in a federal redevelopment area that qualifies for corporate tax breaks, letting the company’s major stockholder, the world's richest man, keep more of his wealth.)
Oh, and Amazon wants a helipad for its chief executive, Jeff Bezos. No problem.
Alexandria Ocasio-Cortez’s Cringeworthy Reaction to Amazon’s HQ2 Pullout Proves How out of Touch She Really Is...
U.S. House Rep. Alexandria Ocasio-Cortez and other New York politicians just chased off 25,000 Amazon jobs that could have created salaries of at least $115,000 jobs each. Unfazed and stunningly arrogant, these politicians are taking a victory lap following their dubious success.
(look at those salaries, ya dipshit)
CCN reported earlier today that Amazon had scrapped the spacious campus it had planned to build in Long Island City, Queens, which would have created roughly 25,000 well-paying jobs. The residual job creation was estimated to be an additional 67,000 jobs.
The cheers that followed Amazon’s decision to pull out of New York are misguided and troublesome. Too many politicians seem tone-deaf to traditional ideals, like job creation, in their relentless effort to denigrate anything related to big money.
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