6502

fastasleep said:

apple ][ said:

fastasleep said:

A $505 capital grant to pay Amazon back for building its office is literally money that could be used for something else. Whether you agree or not that it's absurd to be throwing half a billion in cash and another 2.5 billion in tax incentives at a giant megacorp like Amazon and pointing out other communities and infrastructure that could use those funds and tax breaks, misrepresenting what she said while literally getting the facts wrong yourself isn't helping your argument.

A few lousy million is irrelevant, when there is now many tens of billions of dollars of lost tax revenue that will never benefit the city.

She is dumb alright, just like her laughable and stupid green new deal. 

Her own tweets on the matter speak for themselves and she is totally clueless about economics, finance and knowledge in general. I like her as the face of the democrat party though, they should promote her even more.

If it's irrelevant, then why did you make it sound like there was no liquid capital coming from the city? If it's irrelevant, then why did Bezos pull the deal? If it's irrelevant, then why did they offer it to a trillion-dollar company? There's no reason we should be giving handouts to giant corporations, Amazon sure as hell doesn't need it.

As for AOC, okay sure. She did graduate in the top of her class and majored in economics and international relations, but yeah "knowledge in general". They don't need to promote her, she's getting plenty of attention already. Fox News literally can't stop talking about her. Of course, not without taking quotes out of context and misrepresenting her message. As far as the GND, I'm gonna wager you think she wants to ban hamburgers and that nobody will be able to watch TV because they can't run on solar power at night or wind power when it's not windy.

fastasleep said:

apple ][ said:

tyler82 said:

Reminds me of the Amazon boondoggle in New York that was going to cost taxpayers $48,000 per job in subsidies. Some think it is up to the taxpayers to pay for a corporation's costs. I am on the left side of that fence.

It's subsidies, a tax break.

Now the city will have lost many billions in tax revenue and many tens of thousands of lost jobs thanks to idiot politicians like that dumb bartender from the Bronx, AOC, who actually thought that there was millions of dollars lying around someplace that the city has now saved and can now be spent on other projects. You can't fix stupid.

If you're going to call someone else stupid, maybe you should get your facts straight first:

Here’s how the HQ2 incentives were going to break down
For the Long Island City location, Amazon was going to receive $1.2 billion in refundable tax credits through New York State’s Excelsior Jobs Program if the company created 25,000 net new jobs in New York State by the end of June 2028. New York State had also promised a $505 million capital grant to reimburse Amazon for the costs associated with building its office space.
Amazon also planned to take advantage of incentives through New York City’s Industrial and Commercial Abatement Program and New York City’s Relocation and Employment Assistance Program (REAP). Unlike the incentive offered by state officials, these city programs are available to any businesses that meet their specific requirements. Tax breaks through REAP, for instance, could have added up to $900 million.

A $505 capital grant to pay Amazon back for building its office is literally money that could be used for something else. Whether you agree or not that it's absurd to be throwing half a billion in cash and another 2.5 billion in tax incentives at a giant megacorp like Amazon and pointing out other communities and infrastructure that could use those funds and tax breaks, misrepresenting what she said while literally getting the facts wrong yourself isn't helping your argument.

n2itivguy said:

lkrupp said:

The “Dems” would have fallen for it too. .

No. Not. At. All. Trust me on this. 

tyler82 said:

Reminds me of the Amazon boondoggle in New York that was going to cost taxpayers $48,000 per job in subsidies. Some think it is up to the taxpayers to pay for a corporation's costs. I am on the left side of that fence.