Re:NY state tax break is $48k per Amazon HQ job
by yumario on Wednesday November 14, 2018 @05:53PM
(#18454975)
This type of tax incentives should be illegal. A lot of people argue that NYC still benefits from this deal, but we should not be thinking at a city level. But a country level, does the country benefits from this? No.
Has these type of incentives been illegal, Amazon would have to pick a city from the US and the overall US economy would be 1.5 billion richer.
The problem with incentives is that presents a "prisoner dilemma" to cities. And overall drives taxes down.
Has these type of incentives been illegal, Amazon would have to pick a city from the US and the overall US economy would be 1.5 billion richer.
The problem with incentives is that presents a "prisoner dilemma" to cities. And overall drives taxes down.
Sorry for my English.