4 ms·
New York isn't literally giving Amazon $3 billion, it's a tax break. Big difference. It's not like New York is foregoing $3 billion in income from other busines
by JDiculous 8y ago
New York isn't literally giving Amazon $3 billion, it's a tax break. Big difference. It's not like New York is foregoing $3 billion in income from other businesses in order to accommodate this subsidy package.
And like other commenters pointed out, the state still makes money through payroll taxes, sales tax, property tax, etc.
I agree that the politicians should have made it more clear that the additional tax revenue would be used to fix urgent problems like the failing subway, poverty, etc.