Economy AOC and co. vindicated: Amazon expanding in NY without massive giveaway from gov.

Discussion in 'The War Room' started by Phisher, Jul 11, 2019.

  1. JohnnySagebrush

    JohnnySagebrush Purple Belt

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    AOC isn’t dumb. Young and naive, but she’s apparently sharp. At least relative to most of her cohorts; there is no IQ test for that job.

    On another note, once again we see Sherdog “conservatives” advocating for extensive corporate handouts as a recruitment tool. It’s unbelievable.

    FYI, there have been extensive studies on these municipal and State handouts to recruit companies. It’s not a dark area. And guess what, folks? In the long run, the juice isn’t worth the squeeze. You gotta do s little more analysis than reading the number of jobs and saying “it’s so simple!” like Alex in this thread, who apparently is now quite in favor of socialism as long as it flows upwards.
     
  2. VivaRevolution

    VivaRevolution Whoopin' Belt Double Yellow Card

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    I take special issue with this Amazon issue, because I know it's Roots. Boeing once taught seminars to other corporations on how to leverage jobs to get America to bid for those jobs with free stuff. Boeing openly taught that socialism is cool if it benefits their golden parachute.
     
  3. Sohei

    Sohei Manning the air

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    Hahahahah Do you fall for those Nigerian prince scams too?

    LOL @ 'incentive' they were gonna give Amazon 3$ billion just to come to NYC. Now they expanded anyways because NYC stayed their hand and didnt have to pay that ridiculous amount of money, and NYC will still get tax revenue. Which Im glad they did because NYC>Amazon or any company. If they would have paid the 3$ billion Amazon would have only added a few jobs and likely would have picked up once another city offered the same deal. Then NYC would be in the hole for $3billion for years to come. For someone who claims to be a business guru you sure fall for some zhitty deals.

    Amazon wanted $120,000 per employee to move there.Ridiculous. Like I said would you go to a store that charged you just to enter it? Face it, NYC and AOC were right here.
     
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  4. ultramanhyata

    ultramanhyata Gold Belt

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    No way.

    (And if she was a fatty you actually won.)
     
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  5. VivaRevolution

    VivaRevolution Whoopin' Belt Double Yellow Card

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    It's the cuck/slave mentality.

    What is good for master, is good for me.

    Ignore that if Amazon isn't paying taxes, that someone has to.

    Ignore that a tax break for Amazon means a tax raise for you, or cuts to social services where you live.
     
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  6. Sohei

    Sohei Manning the air

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    That, or they are paid Amazon employees posting here.
     
  7. nostradumbass

    nostradumbass Gold Belt

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    Oh sweetheart, you thought it was a spending bill and they were going to cut Bezos a check for $3 billion? Well bless your heart.

    They were in tax credits from existing programs that already offer them to other businesses.

    $897 million from REAP-The Relocation and Employment Assistance Program (REAP) offers business income tax credits for relocating jobs from outside of New York City or below 96th Street in Manhattan to designated locations above 96th Street in Manhattan or in one of the other four boroughs.

    $386 from ICAP-This program provides abatements for property taxes for periods of up to 25 years. To be eligible, industrial and commercial buildings must be built, modernized, expanded, or otherwise physically improved. ICAP replaced the Industrial Commercial Exemption Program (ICIP) which ended in 2008. Previously approved ICIP benefits were not affected.

    $1.2 billion in excelsior jobs program tax credits contingent upon meeting job creation goals.

    The only actual spending would have been a capital grant for a few hundred million, which isn't nothing but would have been recouped and probably doubled in tax revenue the first year. BTW, the entire thing would have come out to $48,000/job, not $120,000.

    Again, these grants and tax credit incentive programs weren't invented for amazon, they already exist and would have been applied to amazon, and not just amazon. As I've said before, I don't like that their taxes are so high they have to offer these special programs for certain people and businesses to not drive away business, but that's not what we're arguing, and AOC and the city shit the bed and cost their city billions.

    https://www1.nyc.gov/site/finance/benefits/business-reap.page

    https://www1.nyc.gov/site/finance/b...al-and-commercial-abatement-program-icap.page

    https://www.tax.ny.gov/pit/credits/excelsior.htm
     
  8. Madmick

    Madmick Cerebrage Staff Member Senior Moderator

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    The "Rational National"-- is that like Zerohedge for moronic socialists?

    My source mentions the Virigina HQ already existed, but once NYC spurned them, Amazon diverted those expansion plans to Virginia; corroborated by the NYT who notes their planned 25,000 HQ2 jobs were secured, and with the potential to expand that to 38,000 later.
    You're quite gullible, and easily bamboozled according to your confirmation biases, aren't you?
     
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  9. Happy Man

    Happy Man Yellow Card Yellow Card

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    In her own way, she is aging that everything is rigged and we use funny money. She’s right.

    Those who own the Fed, the world bank, the IMF, and own every national bank, and control world banking have rugged everything.

    Deficit spending doesn’t matter. Every dollar printed is just debt to “them”.

    Nothing matters.
     
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  10. hillelslovak87

    hillelslovak87 Gold Belt

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    Dude, I think you know the answer to that first question. The moment dude started talking, with the "I'm to apathetic to project so I'm going to queef out some words" beginning, I stopped.
     
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  11. west42

    west42 Brown Belt

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    Everybody ignore this and keep thinking aoc was correct. It's the 2nd time he posted it, why process the info now? Head, meet sand.
    Also, let's keep thinking tax incentives=NYC writing a check to Amazon
     
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  12. Nameless Ghoul

    Nameless Ghoul Black Belt

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    Did somebody say Somalia?
    [​IMG]
     
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  13. floivanus

    floivanus Purple Belt

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    Amazon is expanding EVERYWHERE. NYC is NOT getting nearly the amount of expansion they were set to get, that is a loss.

    But hey, lets say they get 500-1000 new jobs, hooray; that’s obviously a substantial gain in a city of millions
     
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  14. PEB

    PEB Atomic Butt Drop Champ :)

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    You talk about being gullible quoting NYT just shows how gullible you're on the matter. Tax breaks never live up to the hype promised an hurts small business because they are not able to get similar tax break deals. As a percentage of their jobs they create about 120,000 per employee.

    You can bet if they handed out 3 billion to Amazon how long before Uber, Google an Facebook threaten to leave the area if they cannot get similar deals at least millions for expansion.
     
  15. Madmick

    Madmick Cerebrage Staff Member Senior Moderator

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    I'm not sure I comprehend your satire, here, but the moment this Doel moron starting shitting on Virginia because all the jobs the HQ2 is bringing is driving up house prices there was the only indicator any intelligent observer would need to realize that he's listening to an Op-Ed from someone who isn't a serious, educated person.
    Somewhere in here is a meaningful argument. I'm sure you'll find it if you try harder.
     
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  16. curryjunkie

    curryjunkie mixed marital arts...

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    Yep, comparing your post history, I concur pan is a dumbo and you are a well read intellectual............. <{cruzshake}>
     
  17. Beaver Brownlee

    Beaver Brownlee Cunt punter

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    Seems as tho some facts were left out.
    Like the simple fact that the 6 million square foot space is actually being built in Virginia.

    https://www.bizjournals.com/washington/c/amazon-asked-arlington-to-remove-total-square-feet.html

    One thing you can always count on is being wrong in believing piranha mouth.
     
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  18. snootylol

    snootylol Green Belt

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    Lmao and she (nor a lot of the clowns in this thread) even mention that..

    Her tweet reads as if those 25k jobs are still coming..

    When in fact it's a fraction.. and it's in fucking Manhattan and not Queens (her district)..

    Typical misleading BS from AOC and these idiots fool for it
     
    Last edited: Jul 12, 2019
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  19. Beaver Brownlee

    Beaver Brownlee Cunt punter

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    Listen, listen, listen.

    Those jobs are still coming...to Virginia.
     
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  20. grimballer

    grimballer Silver Belt

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    Broken clock is right twice a day...
     
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