Re:Amazon Pulls Out of Planned New York City Campus
by CydeWeys on Thursday February 14, 2019 @12:50PM
(#19164018)
And yet there's a huge number of businesses that do have presences in NYC because the tax revenue funds all sorts of things that make NYC attractive to businesses that can't be gotten elsewhere.
A lot of what makes NYC great (like the 24/7 public transit system, the best in the country) costs serious money to operate. You need to get that money from tax revenue.
And businesses aren't actually easily-movable, not at all.
Re:Amazon Pulls Out of Planned New York City Campus
by SilasX on Thursday February 14, 2019 @01:09PM
(#19164229)
>And yet there's a huge number of businesses that do have presences in NYC because the tax revenue funds all sorts of things that make NYC attractive to businesses that can't be gotten elsewhere.
Most of which were present there because they set up a long time ago. The current environment makes it so that you pretty much have to get a discount to make it worth starting there, per the famous reddit comment:
https://www.reddit.com/r/nyc/comments/9wploz/ocasiocortez_bl...
>And businesses aren't actually easily-movable, not at all.
"Where they decide to locate new offices" is.
It's almost like taxing easily-moveable economic activity is a bad idea.