Re:Amazon Pulls Out of Planned New York City Campus
by koheripbal on Thursday February 14, 2019 @02:26PM
(#19165028)
Tax breaks are just a temporary discount on taxes that otherwise would be paid at all.
It's not like Amazon was getting CASH to move to NYC.
Re:Amazon Pulls Out of Planned New York City Campus
by jamiek88 on Thursday February 14, 2019 @02:31PM
(#19165101)
That’s assuming that space would be left empty. Which in NYC is unlikely.
Re:Amazon Pulls Out of Planned New York City Campus
by Nav_Panel on Thursday February 14, 2019 @07:14PM
(#19167369)
Have you been to Long Island City? It's low-slung warehouses and taxi parking lots.
Re:Amazon Pulls Out of Planned New York City Campus
by mjfl on Friday February 15, 2019 @03:31AM
(#19169382)
You're also assuming that the people who will take Amazon's space wouldn't have moved to some other place in NY or built a bigger building.
Re:Amazon Pulls Out of Planned New York City Campus
by lamarpye on Thursday February 14, 2019 @04:00PM
(#19165956)
I guess time will tell. We can track how long it takes for another company or companies to develop the same properties. Hopefully it will be less time than the length of the tax breaks
Re:Amazon Pulls Out of Planned New York City Campus
by pertymcpert on Thursday February 14, 2019 @09:45PM
(#19168067)
No they are not.
Was it highly subsidized by taxpayers like Amazon's purchase would have been?