whatok

33 ms·

301.
by whatok 8y ago
These tax breaks existed long before Amazon planned on moving to New York. SMEs could and still can utilize them if they choose to do so. There's nothing that prevents them from doing so and they also have more incentives available to
302.
by whatok 8y ago
There are a lot of large businesses headquartered in New York. They all seem to be pretty smart. If there are widespread tax loopholes out there, others surely have taken advantage of them by now. If they had, you would see outrage articles
303.
by whatok 8y ago
It's really sad that this point has been lost in all of this. Somehow existing programs got spun into the city/state hand delivering a $3bn check to Bezos. Really sad.
304.
by whatok 8y ago
Who is Amazon extorting in either of these cases? If you have a problem with Amazon following the federal tax code that's existed longer than they have, perhaps you should take it up with your congressional reps.
305.
by whatok 8y ago
A good portion of the tax incentives Amazon would have taken advantage of were through existing programs that any business could use. One of the real incentives offered was probably in the form of cutting down on red tape for construction o
306.
by whatok 8y ago
Sports stadiums and the Olympics generate temporary jobs and generally do not have the same economic impact of 25k jobs paying 150k over ten years. Amazon's tax breaks were tied to headcount so it's hard to see how the city would
307.
by whatok 8y ago
Amazon should not be compared to Foxconn just because they both happen to be topical. Amazon would need to hit targets to get the tax breaks. There is no way that committing fraud or completely misleading NYC would be worth the reputation h
308.
by whatok 8y ago
Having millions of dollars at your disposal has nothing to do with my question. These businesses exist because there's a demand for them that is being unmet by traditional banking. I don't disagree that it's an unsavory busi
309.
by whatok 8y ago
https://blog.aboutamazon.com/company-news/update-on-plans-fo...
310.
by whatok 8y ago
How much would you be willing to loan to someone who had no income verification and no assets to pledge? What would you charge?
311.
by whatok 8y ago
I'm not a fan of Tim Geithner at all but he's a President of Warburg Pincus which owns a payday loan company. Big distinction. Jobs like his have no involvement in the day to day operations of portfolio companies.
312.
by whatok 8y ago
Can you point me to the data that suggests that a majority of Amazon jobs pay welfare level wages?
313.
by whatok 8y ago
Everyone arguing with you seems to be fixated on how this is framed as an indicator instead of what yield curve inversion actually means and the effects it has that likely lead to a recession.
314.
by whatok 8y ago
Software-wise it really seems like it depends on how bad things really get. SaaS spend might actually be relatively sticky if sales across the board decline but there aren't widespread business failures on the idea that it's repla
315.
by whatok 8y ago
Yes, that's correct. No tax break is structured as a check that just shows up. They're usually contingent on meeting hiring thresholds or tenure. Amazon's tax breaks were going to be by head over several years.
316.
by whatok 8y ago
Volcker provides exemptions for trading in government bonds.
317.
by whatok 8y ago
Bloomberg mentioned Deutsche Bank, Credit Suisse, and Credit Agricole were mentioned in a separate bond trading "cartel". Would not be surprised if they were part of the eight. http://europa.eu/rapid/press-re
318.
by whatok 8y ago
Yahoo and AIM. IB used to allow you to login to either just to keep you trapped in BBG.
319.
by whatok 8y ago
I don't see the problem in relaying the information to employees before the general public; if that's the intent that is.
320.
by whatok 8y ago
In a lot of WARN notice cases, severance mysteriously lines up with the 60 day notice requirement. Draw your own conclusions from that. This is above but not such a crazy amount to be considered generous.
321.
by whatok 8y ago
In almost any case, employees who have unpaid wage claims are treated as secured creditors. I'm not sure what you mean by IRA/401k benefits as these are usually employer administered but held by the employee and should be shielde
322.
Microsoft acquires Citus Data (YC S11)(blogs.microsoft.com)
707 points by whatok 8y ago|187 comments
323.
by whatok 8y ago
Debit cards in almost all cases have less protections that are clearly stated.
324.
by whatok 8y ago
It's not the first self-inflicted and won't be the last.
325.
by whatok 8y ago
I'm not sure if you have to verify as some sort of investing class to access but GMO (Grantham's fund) has a lot of papers published. This: https://www.gmo.com/docs/default-source/research-and-comment...
326.
by whatok 8y ago
Bloomberg is saying that this was disclosed in last year's bond prospectus. To me that's the minimum required but it's probably just better to avoid the appearance of any sort of conflict of interest.
327.
by whatok 8y ago
I can understand (but definitely wouldn't approve) if this happened early in the company's life but given when it happened and what the company has been valued at in the past few years, I really do not understand what this guy is
328.
by whatok 8y ago
SoftBank did not decide against it. SoftBank's Vision Fund investors decided against it so SoftBank itself invested instead of the Vision Fund.
329.
by whatok 8y ago
There's no doubt that it's great for you as a consumer of VC-subsidized services but given that their largest investors are basically echoing what the OP wrote, I would have to agree with "rubbish" differentiation.
330.
by whatok 8y ago
Good luck with that considering most if not all of the other investments would be private investments that would be difficult, if not impossible to replicate in public markets.

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