25,000 jobs x $150,000 salary = $3,750,000,00= $3.75 BILLION in taxable workers salaries, distinct from Corporate taxes.
That’s per year, every year.
State and city income taxes would have given a much needed boost to government coffers.
Among the losses add the lost sales taxes on every day items, on high end purchases, real estate taxes on the necessary housing. Big numbers.
The potential waterfall effect on NYC businesses from Starbucks, restaurants, and up would have been enormous. And it would have started on the day of opening.
Don’t need an economics history degree (whatever the hell that is) to comprehend the suicidal stupidity of AOC and the fools dancing to her tune.
Add the stupidity of not conferring with the Dem. Rep. Carolyn Maloney in whose district Amazons construction would have occurred. The Dem Long Knives will be out for the waitress/bartender. Look for the NYC red MAGA hats coming soon...
Make Alexandria Go Away!
Ahhh, just the latest example of the (R)N(C)’s version of “It’s not Fascism when WE do it, Comrade!”.
Used to be, those on FR would bitch/moan re: ‘social engineering via tax code’, BIG biz driving out mom/pop, if not a great gnashing of teeth via New London vs. 5th.
Now, it gets the ‘hoorah’. Hell, bring in the illegals, they’ll prop up (illegal Ponzi schemes) SS/MediXYZ (”I *paid*”), right?!
Sad.
$3.7B of taxable income for the workers.
Plus: Income tax on the money the employees paid others: painting, gardening, dentist, doctor, auto repair, etc.
Plus: Sales tax on the money the employees would spend on goods: restaurants, gas, etc.
Plus: property tax on the buildings Amazon would occupy.