Economy New York leaders sign open letter to Amazon, asking it to reconsiders the canceled HQ2 in Queens

these fuzzy math equations often account for salary taxes, which are HUGE, dwarf these corporate tax savings by many times.

There is an absolute ignorance (mostly) on the left with regards to the utility and value of tax incentives to draw corporations into areas to provide jobs which AOC echoed in a very ignorant and scary way.

An example would be looking at Detroit and when the auto industry was gutted in those communities. Ghost towns were created where an affluent upper middle class existed before. Vacated houses and businesses now boarded up.

Would anyone disagree that if the State and cities could have moved fast and offered a 20 year full tax holiday to Tech companies who would move into that area and provide similar or higher paying jobs, that it would have been a huge positive? Had that happened and large amounts of the workforce was able to be retrained or at least sell their homes to the huge influx of new knowledge workers coming in, ...that those communities in Detroit would be much better off today?

Even if it took a full 20 year 'zero tax' holiday to make it worth while for those companies to come in economically as opposed to other cities they could move in to?

Having people employed and paying income tax, having real estate (personal or corporate) retain value and be saleable, having services paid for, all brings huge value to a community even if the corporation pays zero tax for a period.

Ireland's building of a Tech Community is a great case study on how allowing the corporations big incentives and tax breaks to entice them in brings huge benefits to a community. Too many ignorant people (mostly on the left) look at examples like that only see the 'tax break' and think it would be better to not have them come then to give them a break to come. Its the height of ignorance.
 
Who does AOC have behind her that she survived this?
 
The majority don't want it. One politician stood up and got Amazon to reneg.

Now, political "leaders" want to defy the majority and give Amazon billions in corporate Socialism.

The sheer ignorance in that post is outstanding. Did you just crawled out from under a rock, or stumbled in here from an alternate dimension? o_O

Alexandria Ocasio-Cortez Is Top ‘Villain’ in Amazon Pullout, Poll Finds

By Azi Paybarah | March 19, 2019

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When Amazon announced last month that it was canceling plans to build a major campus in Queens, the company did not directly blame any one person or group.

But others have.

Governor Cuomo, who with Mayor de Blasio helped negotiate the deal largely in private, blamed the State Senate, where crucial leaders opposed the plan.

Representative Alexandria Ocasio-Cortez, who opposed the campus, blamed Amazon for seeking $3 billion in tax breaks and incentives that she said should have been spent elsewhere.

Now a poll is offering insight into how the public feels about the deal’s collapse. Over a third of New Yorkers point the finger at Ms. Ocasio-Cortez, according to a Siena College Research Institute survey of 700 voters.

Here’s what else you need to know about the poll, which was released yesterday:

The deal was popular across the state:


Two-thirds of voters said Amazon’s withdrawal was bad for New York.

Sixty-three percent of Democrats and 56 percent of self-identified liberals said the cancellation was bad for New York.

Sixty-four percent of New York City voters agreed with them.

Blame fell on Ms. Ocasio-Cortez:

Thirty-eight percent of voters faulted the congresswoman for the deal’s demise, identifying her as a “villain.” “Local activists in Queens” were labeled villains by 34 percent of voters.

In the New York City suburbs, 50 percent of voters blamed Ms. Ocasio-Cortez. Upstate, the number was 40 percent; in the five boroughs, it was 29 percent.

A spokesman for Ms. Ocasio-Cortez declined to comment on the poll results.

What about the governor and mayor? Mr. Cuomo and Mr. de Blasio were each seen as a villain by fewer than 30 percent of voters.

What about Amazon? The company was blamed by 26 percent of voters.

The takeaways:

• The progressive base that cheered Ms. Ocasio-Cortez as she railed against the deal was not representative of most voters.

“Those closest to a project don’t necessarily reflect the views of a wider audience,” said Steven Greenberg, a pollster with Siena College. (I asked Mr. Greenberg if by “closest” he meant physical proximity, and he replied, “Yes.”)

• “Local activists in Queens” were blamed more often for the plan’s demise than the State Senate was. In the suburbs, 39 percent of voters labeled the activists as villains, but only 23 percent labeled the Senate as such.

This matters in part because Democrats need to retain suburban seats to hold on to their Senate majority.

https://www.nytimes.com/2019/03/19/nyregion/newyorktoday/AOC-Amazon-nyc.html
 
I saw something on the news that leads me to think those citing Amazon making a ton of money but paying zero taxes are morons. The news said Amazon was using net operating losses (NOLs) where prior years they LOST money, and the tax law allows them to carryback or carryforward the prior losses to wipe out income. This is not some evil trickery. Individuals who own and operate businesses can do the same thing. It's not some unfair Amazon thing.
 
Previously:



Now:

New York leaders sign open letter to Amazon’s Jeff Bezos, asking him to reconsider a Long Island City HQ2
By Yancey Roy and Michael Gormley | March 1, 2019

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ALBANY — Dozens of New York political, union and business leaders are trying to get Amazon to reconsider its decision to abandon its plans for a major campus in Queens.

They have signed an “open letter,” run in The New York Times on Friday, asking the company to reconsider its bombshell announcement on Feb. 14 canceling the Queens project. The letter, which Newsday obtained Thursday, says Gov. Andrew Cuomo “will take personal responsibility for the project’s state approval, and Mayor [Bill] de Blasio will work together with the governor to manage the community development project.”

Further, the Times reported Cuomo has had several telephone calls with Amazon founder Jeff Bezos, pitching him to reconsider. A Cuomo aide declined to confirm the story’s account but added that the governor has had multiple conversations with company officials.

Cuomo, at an unrelated event Thursday in Old Westbury, said he is endeavoring to get Amazon to reconsider — but said there is no indication the company will do so. He didn’t say whether he had spoken to Bezos.

“I’ve had many conversations with Amazon,” Cuomo said when fielding reporters’ questions. “I hope that they reconsider. Up until now, we haven’t seen any change in their position.”

Amazon cited local opposition when it made the shocking announcement pulling out of Long Island City. Critics had decried the nearly $3 billion in tax abatements and grants offered by Cuomo and de Blasio to one of the world’s richest companies. They also criticized Amazon for saying it would oppose any move to unionize workers and complained that the governor and mayor put together the offer without any local input.

Amazon pulled out of the deal shortly after a series of tense, closed-door meetings with union and state officials who thought they were making progress with the company. The company also faced a vocal opponent in Sen. Michael Gianaris (D-Queens), who represents Long Island City and who had been nominated to serve on a state panel that had power over granting some of the incentives offered to Amazon. Since Amazon canceled, Gianaris’ nomination to the panel has been withdrawn.

https://www.amny.com/news/amazon-cuomo-bezos-1.27892249

Lol, pass the tax breaks aka legal bribery, and Amazon will come.

Unfortunately for the elites, people are tired of watching corporate give aways, while hearing about cutting Medicare and SS.

Just ask France.
 
Ahh the ol' "trust us just gives us billions and you'll make many more billions you just gotta believe!!!!!"

Btw if Amazon wasn't getting free money they would just open up shop in the place that charges the least taxes.

Shit, now I understand why Bernie actually could get elected.
 
Was this voted on in NY? Did AOC decide what the outcome was? I don't know how she was able to control what happened, honest question.
 
Was this voted on in NY? Did AOC decide what the outcome was? I don't know how she was able to control what happened, honest question.
She brought negative attention to the deal and people started parroting that idiot. It was on the news too. So they said fuck it and went somewhere else.
 
She brought negative attention to the deal and people started parroting that idiot. It was on the news too. So they said fuck it and went somewhere else.

Yes exactly. Nothing was technically or legally done. I mean, would you move in a neighborhood that is hostile towards you? It was all about words. It was a smart move by Amazon.

My signature. A few people who speak are more powerful than a mass who are silent. I will give credit to AOC here. She has become a dominant personality and her words mean something.
 
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You guys are obviously dumb here, AOC is so intelligent you guys can't see why she ran off a huge business that would bring lots of jobs, land value and more taxes from people moving there for those good job? geeeez....
 
You guys are obviously dumb here, AOC is so intelligent you guys can't see why she ran off a huge business that would bring lots of jobs, land value and more taxes from people moving there for those good job? geeeez....
She ran off a leach. Good riddance
 
Yeah he is married to the idea that anything a corporation does is illegitimate and the equivalent of stealing and abusing people. He is just unwilling to see any nuance or trade offs. It's all bad in his mind. Meanwhile if Amazon doesn't bother with New York they are guaranteed to get nothing.
What are your thoughts on globalism?
 
What are your thoughts on globalism?

It's a mixed bag, like so much else. Unfortunately it's hit our working class too hard and we need to figure out the best approach to dealing with that.
 
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