Posted on 10/21/2017 8:24:15 AM PDT by DUMBGRUNT
Gentrification, higher tax rates and a 'prosperity bomb' are just some of the risks to Amazon setting up shop in your neighborhood.... To start, cities have been promising big tax breaks to Amazon that could come at the expense of local taxpayers in the near term. New Jersey offered $7 billion in potential tax credits, while California proposed $300 million in incentives over several years and Philadelphia said it may contribute as much as $2 billion in tax breaks over 10 years. In exchange for the limelight, residents might face higher tax rates to foot the bill of shiny subsidies.
(Excerpt) Read more at thestreet.com ...
Minimum one toilet for 50 people, one drinking fountain/100...(Probably twice that.)
Huge pipes, deep excavations for miles, new water supplies, new waste treatment facilities...
Just the tip of the iceberg of public obligations. Police,fire,roads, public trans...
And the taxpayer picks up the tab.
Too much too fast.
That’s why we make large business build in the town next to us.
Since Amazon launched the contest September 7, the Twitter handle has tweeted about or retweeted four locations in relation to its headquarters search: Dallas, Washington D.C., Colorado and, today, Massachusetts.
5 things you need to know about D-FW's bid for Amazon's HQ2
https://www.dallasnews.com/business/technology/2017/10/04/5-things-need-know-d-fws-bid-amazons-hq2
I can’t imagine any state not wanting those jobs. I do think it financially unwise for them to go to a liberal dem state. They might get tax considerations, but the amazon around here pays worker bees about 13van hour.
It won’t be a week from completion that riots will be happening over unlivable wages given given cost of living for that area.
They need a low cost of living, high basic worker population area. I’d also pick one central to major US population for shipping costs. That wouls be Georgia, Tennessee, Kentucky, Ohio, Indiana, western Pa or western Va.
Is there an over under in Vegas? I’d go with zero tax Tennessee.
Your comments below would be just the tip of the taxpayer iceberg.
Getting the Amazon new headquarters would be like building a dozen NFL stadiums, a dozen MBL fields and a dozen NBA courts with ongoing expenses 24/7.
Yeah, gentrification. That sounds awful.
gen·tri·fi·ca·tion
noun: gentrification; plural noun: gentrifications
the process of renovating and improving a house or district so that it conforms to middle-class taste.
•the process of making a person or activity more refined or polite.
“soccer has undergone gentrification”
“Dallas, Washington D.C., Colorado and, today, Massachusetts.”
A former neighbor is a key exec with a mega tech corp.
He did a few years in NYC, did not care for it.
Few more years in silicon valley; HATED IT!
Now in Colorado and loves it!
Ten acres near Boulder mows his own large lawn and totally loves it.
Forty miles from Denver and beyond his yard is wilderness (for now).
The big old cities are NOT attractive.
” like building a dozen NFL stadiums, a dozen MBL fields and a dozen NBA courts”
And all the rainwater runoff???
I wonder if winning Amazon HQ is going to be like winning the Olympics bid.
I still think this HQ2 stuff is a load of cr@p.
I see 2 other possibilities:
1) This is an attempt to extort concessions out of Seattle and WA.
2) This HQ2 is not really gonna be anything of the kind, but by calling it that Amazon gets more attention and concessions than they would if they called it a distribution center, administration center or something alng the lines.
Safe bet, it will not be Illinois.
Broken Illinois, Exhibit A: First Foxconn, now Toyota-Mazda ...
The other negative factor, he reported, is that Illinois is not a right-to-work state.
http://www.chicagotribune.com/news/opinion/editorials/ct-edit-exhibita-20171019-story.html
Missouri is trying also, St. Louis and KC. I would think Amazon would want to locate in the Midwest.
Yeah, but ya gotta use Frederica Wilson’s dictionary... /”empty barrel”
$2 billion in tax breaks? Folks there you have it. What Bezos is doing is shopping around to see which city is stupid and gullible enough to give him all he wants and more on a SilverPlatter.
And after he does select a new pigeon of a city, he’s going to dump Seattle and leave them high and dry. It’s a double lose/lose for two cities.
Bingo. You got it. I used to buy and sell cars at the local auto auction. We had a saying. The sucker with his hand in the air the longest, got stuck with the car.
No, Mr Bezos, you didn’t build that. The local taxpayers did.
Because it will bring ignorant liberals. Please go to a blue state.
If youre into a sudden influx of thousands demanding immature socialists in your town, invite Amazon in.
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