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by noahA
2676 days ago
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Would the bulk of the taxes paid by Amazon be paid back? The article said that Amazon would get $3 billion in existing credits (i.e. not deal specific, just business tax credits) and would be paying ~$27 billion. Seems like a steal for NY. |
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If the basic premise here is that any company should get a tax break if they are capable of hiring enough workers whose tax payments would exceed their employer's tax payments, all you're doing is just shifting the tax burden onto the workers in the form of regressive income, sales, and property taxes.