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Opinion | Amazon Escapes From New YorkOpinion: New York’s loss of Amazon is a testament to the state’s toxic business environment—even $3 billion in subsidies wasn’t enough to keep the company in town What a stupid point, it’s New Yorker who rejected the corrupt deal that their governor sold them out to Amazon, Victory to the ppl Toxic tax shortfall. Toxic Metropolitan Transit.
Source: WSJ - 🏆 98. / 63 Read more »
A big change in accounting will put $3 trillion in liabilities on corporate balance sheets2019 marks the first time companies have to put operating leases onto their balance sheets. Well that's easy enough you take 0000000, from here, and you move it over here 0000000, see? You should work for the government, they're looking for people like you. The debt was there. We can just see it now.
Source: CNBC - 🏆 12. / 72 Read more »
Amazon cancels New York headquarters planAmazon said it’s abandoning plans for a second headquarters in New York City, a stunning retreat after state and local leaders strongly opposed providing the company with roughly $3 billion in tax incentives Victory for many tenants in Queens. Now to get the assembly and senate to eliminate MCI’s! NYC can Thank 👇 Good job local and state officials! Hopefully everyone across the country will do the same
Source: politico - 🏆 381. / 59 Read more »
Amazon, NYC shoot selves and each other in footJeff Bezos’s company is ditching its Big Apple HQ plan after local opposition to the $3 bln in incentives it would receive. It makes Amazon look short-term greedy and uninterested in community concerns. Punchy politicians, meanwhile, have cost the city jobs and tax revenue.
Source: Breakingviews - 🏆 470. / 51 Read more »
Amazon's exit could scare off tech companies from New YorkNEW YORK (AP) — Amazon jilted New York City on Valentine's Day, scrapping plans to build a massive headquarters campus in Queens amid fierce opposition from politicians angry about nearly $3 billion in tax breaks and the company's anti-union stance. With millions of jobs and a bustling economy, New York can withstand the blow, but experts say the decision by the e-commerce giant to walk away and take with it 25,000 promised jobs could scare off other companies considering moving to or expanding in the city, which wants to be seen as the Silicon Valley of the East Coast. mikesisak joshboak Socialism doesn't pay. mikesisak joshboak Good. mikesisak joshboak Only if they demand huge tax cuts. Not sure why that is difficult for idiotic 'journalists' to understand.
Source: AP - 🏆 728. / 51 Read more »