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That's some nice whataboutism concerning Dodd-Frank. With regards to uneven enforcement, you would have to be delusional to think that these same tax incentive
by CoolGuySteve 8y ago
That's some nice whataboutism concerning Dodd-Frank.
With regards to uneven enforcement, you would have to be delusional to think that these same tax incentives aren't being extended to every other large development, be it Google NYC, Goldman's 200 West, or Jared Kushner's DUMBO mall.
You can even download a list of NYC property tax refunds here: https://www1.nyc.gov/site/finance/taxes/property-refunds-2018.page https://www1.nyc.gov/site/finance/taxes/property-refunds-201...
The only reason you're hearing about this one is because of Amazon's unconventional bidding stunt and its publicity.
The process is outrageous and benefits large developers the most. But it's naive to think these companies won't always lobby for lower taxes, and cynical to think that the same benefits can't be extended to smaller firms.