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Re: 10 things NYC should do now that Amazon HQ2 deal is over

Posted by Steamdriven on Sat Feb 16 13:31:07 2019, in response to Re: 10 things NYC should do now that Amazon HQ2 deal is over, posted by Joe V on Sat Feb 16 06:45:48 2019.

The terms of the agreement were the Amazon pays ~2.5B less in tax over a limited period in the future compared to what was expected without the tax break. With Amazon not locating in NYC, their HQ2 will pay $0 in tax, the employees will pay $0 in NY State or NYC income tax, and they'll spend $0 on rent, mortgages and stuff. That's not 'nonsense from a corporate running dog of the Kapitalist theocrat patriarchy', it's the offer from uber-progressive Wilhelm and Cuomo.

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