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They offered Amazon $3B tax breaks, while the city would have profited $27B. The city would have a net gain of $24B. Now the city doesn't gain anything.
by nickonline 8y ago
They offered Amazon $3B tax breaks, while the city would have profited $27B. The city would have a net gain of $24B.
Now the city doesn't gain anything.
- baddox 8y agoThat seems overly simplistic. I doubt that Amazon are the only ones with any likelihood of bringing new jobs to New York in the near future.
- lamarpye 8y ago> I doubt that Amazon are the only ones with any likelihood of bringing new jobs to New York in the near future. Not anymore. Why would a company want the hassle? Go to New York and have an idiot bartender trash our goodwill or go somewhere else where they roll out the red carpet for us.
- smsm42 8y agoThat jobs would come with or without Amazon (more likely with Amazon, since Amazon HQ would be a huge business attractor for smaller companies) - nobody would say "well, we're going to open office in NYC but since Amazon is already there we won't". Other companies would open anyway, yes. But Amazon won't. It's not a fixed pie, it adds up. And NYC just took a huge piece of this pie and threw it into the river. To spite Bezos. Hope it's worth $24B to them.