Re:Amazon Pulls Out of Planned New York City Campus
by asdfasgasdgasdg on Thursday February 14, 2019 @09:18PM
(#19167962)
I'm of two minds on this issue, but: how can the city have good mass transit if there are no tax dollars to pay for it?
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Re:Amazon Pulls Out of Planned New York City Campus
by BurningFrog on Thursday February 14, 2019 @10:07PM
(#19168159)
One factor is that NY pays 5-10 times more than comparable cities to build its mass transit: https://www.nytimes.com/2017/12/28/nyregion/new-york-subway-...
Re:Amazon Pulls Out of Planned New York City Campus
by asdfasgasdgasdg on Thursday February 14, 2019 @11:41PM
(#19168494)
All the same, having Amazon come in with a $3B break doesn't do much to move the ball forward.
Re:Amazon Pulls Out of Planned New York City Campus
by seanp2k2 on Friday February 15, 2019 @12:12AM
(#19168596)
and in return for all that money, they receive the sewage waterfall: http://nymag.com/intelligencer/2017/05/penn-stations-latest-...
Honestly, why is this so hard when so much of the rest of the developed world manages to do it so well?
Re:Amazon Pulls Out of Planned New York City Campus
by Blackthorn on Friday February 15, 2019 @01:59AM
(#19169003)
The fact that NYC's transit runs 24/7 makes things really hard to fix, upgrade, change, etc.
Re:Amazon Pulls Out of Planned New York City Campus
by rhizome on Friday February 15, 2019 @05:17PM
(#19175239)
Yeah, I heard raw sewage flows through Penn Station so often that people aren't even surprised anymore. Not rare at all.
Re:Amazon Pulls Out of Planned New York City Campus
by jamroro on Friday February 15, 2019 @08:26AM
(#19170695)
New York, the wealthiest, biggest city in the country can have good mass transit by properly spending the money it already collects.
New Yorkers already pay tremendous tax dollars yet we have the mass transit that we do. The idea that there are no tax dollars is a myth. The funds are simply siphoned off to some other who-knows-what, and the remaining is poorly spent. The purported Amazon tax base would have likely been spent the same.
Re:Amazon Pulls Out of Planned New York City Campus
by rhizome on Thursday February 14, 2019 @10:10PM
(#19168171)
I'm under the impression that Amazon has never been a big taxpayer.
Re:Amazon Pulls Out of Planned New York City Campus
by ehnto on Friday February 15, 2019 @01:23AM
(#19168878)
Their employees still pay tax though. With tech wages as high as they are it is probably non-trivial amounts.
I am not advocating for big businesses evading tax mind you. Just suggesting it would probably still be a boon for the state tax income if a bunch of tech wages migrated to the NY tax base.
Re:Amazon Pulls Out of Planned New York City Campus
by C1sc0cat on Friday February 15, 2019 @05:29AM
(#19169812)
And also make less demands on the social services
Re:Amazon Pulls Out of Planned New York City Campus
by arcticbull on Friday February 15, 2019 @03:34AM
(#19169394)
NY has city income tax too ranging from 2.907% to 3.876%
Re:Amazon Pulls Out of Planned New York City Campus
by rhizome on Friday February 15, 2019 @05:14PM
(#19175213)
The average salary was to be 150K, which I feel is likely to be well within the margin of a desire for minimization.
Re:Amazon Pulls Out of Planned New York City Campus
by davedx on Friday February 15, 2019 @03:44AM
(#19169433)
0 federal income tax for 2018.
Re:Amazon Pulls Out of Planned New York City Campus
by sadris on Friday February 15, 2019 @02:08AM
(#19169040)
They don't make that much money. their profit margins suck.
Re:Amazon Pulls Out of Planned New York City Campus
by wkillerud on Friday February 15, 2019 @02:16AM
(#19169078)
10.07 B net income in 2018 [1] is not my idea of "[not] mak[ing] that much money"
[1]: https://www.marketwatch.com/investing/stock/amzn/financials