"That a trillion-dollar company run by the world’s richest man could run an American Idol auction on more than 230 cities & pick up a handy $3 billion of taxpayer money in the process, is a sad statement of extreme corporate power in our time.” https://www.newyorker.com/tech/annals-of-technology/the-new-york-hustle-of-amazons-second-headquarters …
-
-
Maybe the analogous example here is a company that negotiated poorly for a lower acquisition price than it could’ve otherwise had. The fact that Amazon chose two of the most expensive and high tax cities in the US anyway suggests to me that NY didn’t have to give away the store.
-
Local govts need to form cartels with each other, to prevent this sort of thing.
- 1 more reply
New conversation -
-
-
Probably agreement all around that economic war among the states = race to the bottom for the public. But doesn't preclude winners in the private sector, esp. while inequality grows. "Tourism" boom in Puerto Rico & elsewhere. https://www.gq.com/story/how-puerto-rico-became-tax-haven-for-super-rich … v
@_jessebarronThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.