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NYC "lost" on shoveling $2.8B in subsidies to Amazon. As for tax revenue, Amazon pays about $200M total in annual US state taxes, and negative federal tax in 2
by microtherion 7y ago
NYC "lost" on shoveling $2.8B in subsidies to Amazon.
As for tax revenue, Amazon pays about $200M total in annual US state taxes, and negative federal tax in 2018. There's no way this would have ended up a profitable deal for NY.