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Property tax is a round-off error?
by icelancer 7y ago
Property tax is a round-off error?
- jellicle 7y agoI would absolutely expect that the total amount Amazon paid in property taxes in 2019 to be round-off error compared to their income, yes. Particularly because local governments seem happy to reduce their property taxes to zero or even negative percentages, but even if that didn't happen. $2.4 billion in subsidies for these taxes, says one accounting: https://www.nytimes.com/2019/03/03/technology/amazon-new-york-politics-jobs.html https://www.nytimes.com/2019/03/03/technology/amazon-new-yor... A bunch of warehouses by the airports do not actually create any large property tax bill.