Amazon has canceled plans to build headquarters in New York due to opposition from politicians and activist groups. Good for New York?
It’s good ONLY because of the tax breaks they were going to get. As a resident of WESTERN NY, who already overpays to support the crazy socialist policies of NYC that I don’t even remotely benefit from, I would welcome them with open arms under the same rules as Joe’s Diner plays by. But I’m not willing to accept them with corporate welfare.
Yes. They don’t support murdering babies at full-term
This was a bad deal made by Cuomo and Blasio. They wanted Amazon to show they created jobs. But the cost of three billion dollars was just outrageous. I'm happy for NYC tax payers they stopped this.
They are losing way more than that by chasing Amazon away.
Why do you think that greedy gov Cuomo is so upset about the loss? Because he knows it would bring in way more revenue to NY. www.foxnews.com/tech/cuomo-slams-ocasio-cortez-others-as-amazon-ditches-new-york
I don't think they should chase them away but they should say no to handing them billions of dollars. The benefits to NYC I don't believe to be that much. The math is always phony. They assume they hire people otherwise unemployed, then they assume these people will spend all their salaries locally and then they calculate the effect of those jobs too and again and again. It also assumes there will be no other business at the site. This is totally wrong, there were plans for the site until Amazon came and wanted it. Now there will be something else. All Cuomo is after is to show he got Amazon to the city and they created hundreds of jobs. It's the big profile company with a lot of jobs which fits his ego. He doesn't care about the tax payers money. He wants to look good in front of the camera. Small businesses which create the majority of jobs and often treat people better doesn't help his ego.
Tax cuts are different than giving a corporation money. The tax revenue “lost” through the tax cuts would be made up with the increased revenue by having them there. They should lower tax rates for everyone though and they would increase revenue in the long run.
I'm all for lowering taxes for everyone, the more the better. Making life easier for businesses is what helps us all long term. What I'm against is government picking winners and losers. Too often the winners with government folks are the big companies which can make headlines in the media, which can again help the politicians get reelected. All should have equal support from the government. If NYC would fix their infrastructure, lower taxes and other costs of doing business I believe they would see businesses want to come.
Great for NY.
Saves 25k ‘unwilling to work’.
Lol. So right. More jobs would mean their “can’t find a job” excuse holds even less water.
Idk? For some reason they didn’t really want it there? I’m not sure on the reasoning
The same reason so many are leaving New York. They don’t want to submit to all of their greedy leaches.
Some people complained the tax payers would give Amazon three billion dollars. Some also complained these were not the jobs they need in the area.
The average pay is $100k. 25,000 direct jobs and 107,000 indirect jobs. That many jobs in that area would also cause pressure to raise wages because employers would be competing for working. Monstrous loss for NY.
Dumbass New Yorkers and their anti-business climate.
😂🤣😂🤣yeah it’s only one of the worlds most thriving cities, in all human history! 😂😂😂😂😂
Not for long with Marxists like Ocasio-Cortez and Elizabeth Warren running the show.
AOC derangement syndrome 🙄
The only derangement here is her racism and Marxism and your love for her.
Most NYer want Amazon here. It is unfortunate that the loud minority wrecked it.
Well that is too bad. The minority( like our US government) shouldn’t decide.