Amazon's HQ2 moving to Northern VA and NYC; 2/14: Amazon pulls out of NYC after public backlash!

[Copy Ninja]

LOok at Seattle. Most of the people who work for Amazon there are transplants, not natives of Seattle. Amazon promised jobs, but the jobs did not go to them.

And there’s no guarantee of those jobs.

And Amazon fights against Labor standards.

Amazon made $11 billion profit, pays zero federal taxes. Why the fukk should states and cities subsidize that?

Same shid will happen in NYC.

Tax breaks is incentive-laden. If they don't create 25K jobs they won't get the tax break.

Them paying zero taxes is a tax policy issue.

Included in the incentives are initiatives the city already have in place for businesses, not specific to this Amazon deal

Amazon also planned to take advantage of incentives through New York City’s Industrial and Commercial Abatement Program and New York City’s Relocation and Employment Assistance Program (REAP). Unlike the incentive offered by state officials, these city programs are available to any businesses that meet their specific requirements. Tax breaks through REAP, for instance, could have added up to $900 million.

A lot of misinformation going on.

If New York can replace this project that will also bring in the same revenue and jobs without giving up incentives, then great for the community.

 

[Perfectson]

paying directly with money from WHOM

you are not answering the question

From amazons profits,
I know where you're headed and it's stupid and illogical . Its directly from amazons profits. Period . Whether they pay 0% or 35% in taxes they will pay their salaries from their operating cash flows.

 

[Perfectson]

Tax breaks is incentive-laden. If they don't create 25K jobs they won't get the tax break.

Them paying zero taxes is a tax policy issue.

Included in the incentives are initiatives the city already have in place for businesses, not specific to this Amazon deal



A lot of misinformation going on.

If New York can replace this project that will also bring in the same revenue and jobs without giving up incentives, then great for the community.

People are stupid, I'm fed up , been saying this for multiple pages... people don't want to research they just want to fight and blame rich people or corporations

 

[88m3]

a lot of people against the amazon project in here need to go back and read the proposal because there's a lot of strawmen getting thrown around

 

[☑︎#VoteDemocrat]

its crazy because both sides have a completely viable argument. the amazon stimulus speaks for itself, but then there was no guarantee of how many locals would have been hired (and i dont buy that there were gonna be 25,000 trasnplants, amazon definitely woulda been hiring local )

there should have been more guarantee of local investment in people and infrasructure

if i had to sum it up in one way, it would be AOC's idiocy claiming that tax breaks for amazon can now be spent on teachers theres no fukking revenue expressed in a tax break. it was THEIR money, that NYC was letting them keep more than she thought was appropriate. this chick is borderline embarrassign

the only viable argument is that amazon was getting too many subsidies...thats about it.

 

[☑︎#VoteDemocrat]

a lot of people against the amazon project in here need to go back and read the proposal because there's a lot of strawmen getting thrown around

this would have been better if amazon wasn't being so stuck up.

amazon lost, but NYC lost more

 

[☑︎#VoteDemocrat]

the argument about hiring locals is stupid.

do these locals have the requisite skills or not?

 

[hashmander]

My two cents. 25k jobs is 25k jobs. But would all of those jobs have gone to residents in NYC? Out of those 25k jobs, how many of them would have paid enough to support living in NYC? Out of those 25k jobs, how many of them would choose to cross the Hudson on a PATH or NJTransit bus or train everyday, and live in New Jersey? That's why I don't agree with floating the tax carrot in front of a company like Amazon to entice them to come to an area like NYC.

apparently the vast majority would be paid enough to support living in NYC. but here is the thing, they help further distort what it means to be "paid enough to support living in NYC". you have 20k new people making $150k and they'll push people out because there is no way the market won't be distorted by their presence.

btw, there aren't 20k people currently in NYC that fit amazon's hiring profile currently in need of work so the vast majority of them would be imports, like it always has been in NYC. from the city or state's perspective (and why the gov and mayor were for it), who cares where they are from they'll be paying taxes and who cares if they push out 20k not so desirable new yorkers ... win win for us. residents on the other hand shouldn't be in favor of tax incentives being used to replace them. companies like amazon can achieve the same results (COL distortions, residents being pushed out, etc) on their own, but future tax dollars shouldn't be used to help spur it on. that's like turkeys voting for Thanksgiving.

and as you pointed out a big aspect of the NYC metro area is that you don't have to live in NY. so NY gives all the tax incentives and then a majority decide to live in Jersey or Connecticut. it's like when cops and other public servants get paid by one city and take their money elsewhere.

 

[Perfectson]

[

apparently the vast majority would be paid enough to support living in NYC. but here is the thing, they help further distort what it means to be "paid enough to support living in NYC". you have 20k new people making $150k and they'll push people out because there is no way the market won't be distorted by their presence.

btw, there aren't 20k people currently in NYC that fit amazon's hiring profile currently in need of work so the vast majority of them would be imports, like it always has been in NYC. from the city or state's perspective (and why the gov and mayor were for it), who cares where they are from they'll be paying taxes and who cares if they push out 20k not so desirable new yorkers ... win win for us. residents on the other hand shouldn't be in favor of tax incentives being used to replace them. companies like amazon can achieve the same results (COL distortions, residents being pushed out, etc) on their own, but future tax dollars shouldn't be used to help spur it on. that's like turkeys voting for Thanksgiving.

and as you pointed out a big aspect of the NYC metro area is that you don't have to live in NY. so NY gives all the tax incentives and then a majority decide to live in Jersey or Connecticut. it's like when cops and other public servants get paid by one city and take their money elsewhere.

Wait, Amazon brings high paying green jobs and your complaint is that it will cause living in NYC to go higher ? How is that amazon fault? You want livable wages or not?

This is an unwinnable argument you're making . Can you please describe your vision for queens?

 

[☑︎#VoteDemocrat]

MSM is pissed

Thankfully Granholm pushed back against Smerconish(a conservative)

 

[hashmander]

MSM is pissed

Thankfully Granholm pushed back against Smerconish(a conservative)

i know none of you who support this believe that disingenuous shyt at 3:00.

 

[hashmander]

[


Wait, Amazon brings high paying green jobs and your complaint is that it will cause living in NYC to go higher ? How is that amazon fault? You want livable wages or not?

This is an unwinnable argument you're making . Can you please describe your vision for queens?

gentrification isn't some evil plot, it's a product of people with more money than the existing residents being able to pay more than them. our response to the displaced can't simply be "tough shyt, you should have gotten the right education. hey mr corporation, here are some tax incentives to replace these bums with better people."

residents should be allowed to view these things through the prism of how does X help them personally.

 

[Mr swag]

From amazons profits,
I know where you're headed and it's stupid and illogical . Its directly from amazons profits. Period . Whether they pay 0% or 35% in taxes they will pay their salaries from their operating cash flows.

oh REALLY

so where does the 2.5 billion go? Just magically disappears huh

 

[Perfectson]

oh REALLY

so where does the 2.5 billion go? Just magically disappears huh

My gosh are you ignorant ?

Several people have explained this.

There is no 2.5B...it doesn't exist. NyC doesn't have 2.5B to give amazon. Like someone said you're playing a chicken and egg game but it's stupid and redundant

 

[Meta Reign]

I'm not fan of Amazon's labor ethics, but this is a huge loss for NYC. . . As a member of the Building and Construction trades, there was a deal in place where Amazon going to build union which would have been great for the trades. Also, the pressure they would have had to unionize the workers in the facility would have been ENORMOUS. They would have folded almost certainly.

An enemy like that is best to have in your backyard where you can force them into new ways.