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Echo your question. I would note that it seems that the tax breaks weren't negotiated as some special package for Amazon specifically -- actually, most of the i
by yanniesaurus 8y ago
Echo your question. I would note that it seems that the tax breaks weren't negotiated as some special package for Amazon specifically -- actually, most of the incentives (or about $1.5B) are coming from existing programs run by NY state and NYC that reward companies based on square footage of office space created and number of jobs created. So, arguably, Amazon would have gotten those incentives anyway even if they had moved to NYC without all the fanfare of the HQ2 process.
https://www.cnbc.com/2018/11/13/amazon-tax-incentives-in-new-york-city-virginia-and-nashville.html https://www.cnbc.com/2018/11/13/amazon-tax-incentives-in-new...