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Re:Did New York Lose Anything with Amazon’s Rejection? It’s ... by coredog64 on Friday February 15, 2019 @08:00PM (#19176272)
NYC tax revenue ebbs and flows on the strength of the finance industry (e.g. recent news that market slowdowns are showing up as a billion dollar shortfall in tax revenue). Google and Facebook are both ad-tech. Amazon would have brought a third major industry to town, something that could have worked to smooth out those tax revenue swings.

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