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New York stands firm

2019-02-14 18:15:36.189066+00 by Dan Lyke 3 comments

Everyone's reporting on this Amazon thing as though it's some sort of big decision, and it is, but by New York to not subsidize Amazon. Here's the relevant bit: "There are currently over 5,000 Amazon employees in Brooklyn, Manhattan, and Staten Island, and we plan to continue growing these teams."

So, basically, this is all Amazon spinning "New York has decided to not shovel money at us, and we're gonna continue to do business there anyway". Kudos to NYC for standing tall and not falling for the extortion.

Amazon — Update on plans for New York City headquarters

[ related topics: Books Weblogs Invention and Design Current Events Work, productivity and environment Currency New York ]

comments in ascending chronological order (reverse):

#Comment Re: New York stands firm made: 2019-02-16 20:05:24.201054+00 by: TheSHAD0W

<shrug> A tax abatement isn't a subsidy, and while I don't like the way businesses shop around for them, it's a way for cities to attract business. So long as it's basically a discount on future taxes and not an actual gift, I don't see why there's such an uproar.

#Comment Re: New York stands firm made: 2019-02-17 19:00:13.935263+00 by: Dan Lyke

I disagree: the city has actual costs incurred by the presence of the business. If the taxes aren't available to offset the costs, that's a subsidy.

#Comment Re: New York stands firm made: 2019-02-18 02:58:10.043514+00 by: TheSHAD0W

Eh. Point is moot now anyway. But from what I've learned it's actually Amazon's rejection of union labor that caused all that enmity.

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