It’s called return on investment when the income is higher than the incentive cost. But hey it’s not like NYC with its crumbling infrastructure actually needs more money...,
NEWS: New York State officials offered @Amazon almost a billion dollars more of incentives than was previously known to win its #HQ2 contest. The state was even prepared to pay part of some employees’ salaries if the tech company developed a campus here.https://www.wsj.com/articles/new-york-dangled-extra-incentives-in-initial-bid-to-lure-amazon-hq2-11578153600 …
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I've told my 16 yr. old there is no future for you in NYS. Runaway corporate handouts result in massive disinvestment in schools, SUNY, infrastructure, etc. piled on top of an antiquated governance structure with too many govts all taxing the living shit out of property owners.
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It's so insane to think of how much corporations are getting help by the government through weak tax law and yet the person earning $15/hr at that company is shouldering the tax burden.
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Why in the world does Amazon need that many incentives? Didnt they save at least that much by not paying taxes?
Dziękujemy. Twitter skorzysta z tych informacji, aby Twoja oś czasu bardziej Ci odpowiadała. CofnijCofnij
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For those who think this is a NY phenomenon, see Amazon subsidies in Texas. Pretty sure I saw one where sales taxes (paid by those in the community where the warehouse is located) are rebated back to Amazon by the city.
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And no matter how many "jobs" come to Austin, the taxes never go down.
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Wydaje się, że ładowanie zajmuje dużo czasu.
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