Amazon's NYC breakup over HQ2 may spark more outrage over corporate subsidies nationwide

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Amazon's breakup with New York City is changing the already treacherous corporate subsidy game. Companies are becoming more careful about engaging with local community groups.

 

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The outrage should be at AOC & the zombies who follow her! She just helped deny 25,000 New Yorkers a livelihood! NY'ers should show up at her residence & ask for money, food, housing! SenateDems HouseDemocrats DNC andrewcuomo BilldeBlasio CNN CBS NBC ABC FoxNews GOP

All big corporations get subsidies from city gov'ts bcs both parties benefit! They provide jobs, more revenue for the city, etc. Anyone w/ half a brain can figure that out but then AOC & SenateDems HouseDemocrats operate w/ only 1/4 of a brain. andrewcuomo BilldeBlasio DNC

Has AOC found the $3B yet ? andrewrsorkin

Looks like real world business acumen should be a necessary attribute when voting for any candidate. No more school kids please.

Abolish property taxes, business taxes, all fees & all other taxes, including income taxes. Replace with sales tax increase. People will quickly know how much government cost them and they will be reminded of it every day they spend a dollar. No more special favors or corruption.

It’s about time! No subsidies for Corps that pay no taxes!

Stadium subsidies should be up for discussion.

Or a greater understanding of benefits brought to communities by large, well-paying employers.

Actually, it won’t. Other states can actually do math and understand that a $3B tax credit in return for $27B in capital investment and 25,000 jobs is a no-brainer. When you allow a vocal liberal minority to dictate how things will be run, you get exactly what NYC got - nothing.

Just look at the projected rev. End of the bed wetting.

Amazon HQs = $100k+ salaries .

only among the ignorant and immeasurably stupid class

Corporate socialism.

It will do nothing of the kind Who the hell is managing the Twitter Feed this afternoon? Obviously not JoeSquawk or andrewrsorkin ...or anybody else that has had responsibility for a revenue or profit for a minute in their career

Mayor Liccardo in San Jose had this nailed from the outset. That being said, I don't blame AMZN for looking and don't blame them for exiting what they thought was a done deal. Its 50 states and many more municipalities competing...last time I checked that's a good thing.

There are 50 States, if a few states decide not to encourage companies to come to theirs another state simply will. This will not change.

outrage dies down the moment everyone has a good job.

They’re BRIBERY and EXTORTIONS!

They’re “incentives” not “subsidies”.

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