4 ms·
Let's say that the special treatment for Amazon were eliminated. That is, only about ~%80 of the tax breaks were in effect. So now Amazon only receives ~$2.4 b
by dajohnson89 8y ago
Let's say that the special treatment for Amazon were eliminated. That is, only about ~%80 of the tax breaks were in effect. So now Amazon only receives ~$2.4 billion in tax breaks through the pre-existing incentive programs.
This is pure speculation, but I suspect the opponents wouldn't have altered their tone. At any rate -- I agree with you that Amazon shouldn't have received the special tax cut, and they didn't need it, and it was foolish of the State/city leadership to offer it.
I wanted AMZN to come here to NYC, but that whole charade they put on was a turn off. meh.
- jacobr1 8y agoI think plenty of people don't actually like the pre-existing incentive programs either. I certainly don't. And the mutual race to the bottom across jurisdictions that makes them a requirement to compete doesn't justify them either.
- CPLX 8y ago> This is pure speculation, but I suspect the opponents wouldn't have altered their tone. There’s literally no evidence of this. Dozens of companies, including evil empires like Google and Goldman Sachs, have taken advantage of Empire State grants and EDC programs and whatever else without all that much drama. Amazon literally shot themselves in the face with their arrogant, entitled attitude here. Consider placing the blame where it belongs.