A "tax break" is just a reduction in taxes that otherwise wouldn't be paid at all. It still means a profit for the city.
It's not like NYC is paying Amazon to come to NYC. NYC would still make huge tax revenues from additional sales, real estate, income taxes, and corporate taxes.
Now they're turning that all away. It's such an irrational decision that if I were Amazon, it would raise a big red flag for me as well.
No need to open in a community that doesn't want your money.
It's not like NYC is paying Amazon to come to NYC. NYC would still make huge tax revenues from additional sales, real estate, income taxes, and corporate taxes.
Now they're turning that all away. It's such an irrational decision that if I were Amazon, it would raise a big red flag for me as well.
No need to open in a community that doesn't want your money.