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by JumpCrisscross 2705 days ago
> Who cares where it comes from

The city gave away $5 billion in tax breaks to ensure billions more in tax revenues. The deal was tax-positive. What those extra billions get spent on is up to us.

The Amazon thing is a massive red herring. Yes, it’s distasteful. But it’s also tiny. Giant political deals are being struck in Albany right now—Amazon is a distraction.

1 comments

> The deal was tax-positive

i'd like to see evidence of that. Amazon could've have still chosen new york for the HQ building. There's plenty of incentives already.

Therefore, only if there's reason to believe that amazon won't have built it in NY would the 5 billion tax break have been worth it.