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Amazon bails on NYC

Thanks a lot @AOC!

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New Yorkers should rejoice! Their local government officials just saved them $3Billion in tax breaks and corporate welfare it won't now have to pay.
 
amazon pretty much said that they couldn't come there because they couldn't get along with everyone....the few radical morons killed it for nyc. they will never learn how the world works.
 
3 billion in tax breaks

Vs

25,000 x 150,000= 3,750,000,000 a YEAR

in 10 years x 3.75 =37,500,000,000

I am pretty sure the city would have got its money back.
That's about the same math I had in my head except I had the tax rate higher to account for state, local, and county.
 
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$3.75 billion/yr in salaries which won't be contributing to NYC and NY state taxes or any sales taxes or churning that money through the economy where others will also pay taxes or purchase goods and services.
 
The people who elected AOC did not want Amazon, at least at that location.
Bloomberg also came out late against it too.
 
After what’s happened in San Fran I’m not sure New York really needed this. I think their unemployment rate is as low as it’s ever been. They need to start a new city outside frisco called rock ridge and put their distribution center in a pasture.
 
After what’s happened in San Fran I’m not sure New York really needed this. I think their unemployment rate is as low as it’s ever been. They need to start a new city outside frisco called rock ridge and put their distribution center in a pasture.
This is what I was thinking. Always thought it was a little weird to choose NYC. You had to know you would get a lot of push back there from self righteous politicians. The best statement AOC had was that they could now use the $3B on “real” New Yorkers, she has zero clue. Amazon needs to set up shop in a newer market where they won’t get any push back. Whether that’s actually good or not for that market, only time will tell.
 
This is what I was thinking. Always thought it was a little weird to choose NYC. You had to know you would get a lot of push back there from self righteous politicians. The best statement AOC had was that they could now use the $3B on “real” New Yorkers, she has zero clue. Amazon needs to set up shop in a newer market where they won’t get any push back. Whether that’s actually good or not for that market, only time will tell.

That tax break comment would torpedo a bank teller’s chances for promotion but she will just carry on.
 
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