To: Wharf Rat who wrote (1117540 ) 2/14/2019 3:36:11 PM From: RetiredNow Read Replies (2) | Respond to I am just laughing out loud here. AOC's statement on Amazon is below. This is just so hilarious. Is she really this stupid? How can Amazon exploit workers in Queens, when now there will be none of the 30,000 high paying jobs they were planning on bringing there, plus all the monetary infusion to local businesses? Local leaders were estimating Amazon would have brought in an additional $27.5B in revenues over the next 25 years. So the $3B in tax incentives given to Amazon was a good investment. But Socialists never did understand math, nor business investment and ROI.businessinsider.com Cuomo's office said when the HQ2 project was announced in November that it would bring in $27.5 billion in new tax revenue over 25 years, largely based on an economic-impact study commissioned by the governor (another was commissioned by the city but not released). Of that amount, $14 billion would go to the state, and $13.5 billion would go to New York City. Cuomo wrote in a November op-ed article defending the HQ2 decision. "Our proposal offered that, when and if those revenues are realized, the government would effectively reduce their $1 billion payment by about $100 million for a net to New York of approximately $900 million. New York doesn't give Amazon $100 million. Amazon gives New York $900 million."
