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Because the United States is a very, very large country, and Amazon has lots of options as to where it takes its headquarters? Put another way--why should Amaz
by maehwasu 8y ago
Because the United States is a very, very large country, and Amazon has lots of options as to where it takes its headquarters?
Put another way--why should Amazon go to NYC? Do New Yorkers have a god-given right to the benefits of large tech companies?
- deleted 8y ago[deleted]
- moate 8y agoNo, but the idea that the only options are "amazon with a bunch of tax gifts" or nothing is a false dichotomy. The point is that NYC probably doesn't need Amazon's side (High End Jobs) as much as Amazon needed NYC (Access to high end talent, proximity to the center of the global economy). There will always be some megacorp looking to open up in NYC. Why diminish the return for the city?
- coredog64 8y agoNYC tax revenue ebbs and flows on the strength of the finance industry (e.g. recent news that market slowdowns are showing up as a billion dollar shortfall in tax revenue). Google and Facebook are both ad-tech. Amazon would have brought a third major industry to town, something that could have worked to smooth out those tax revenue swings.
- anth_anm 8y agoThe massive talent pool and ease of recruiting people to come live there from across the world. The access to massive markets. Proximity to a lot of the hot new startups. The desire to have an HQ on both coasts. New Yorkers don't have a right to large tech companies, but the companies would be foolish not to come along. Amazon always wanted NYC. They overplayed their hand trying to get a break and it blew up in their face. They probably could have gotten away with most of it if they did this with less fanfare.