Posted on 11/26/2017 10:16:10 AM PST by Lorianne
A review of some of the bids to woo Amazon’s HQ2 to other cities and states shows it’s not all about the money. In some cases democracy itself is a bargaining chip. ___ Example: Chicago has offered to let Amazon pocket $1.32 billion in income taxes paid by its own workers. This is truly perverse. Called a personal income-tax diversion, the workers must still pay the full taxes, but instead of the state getting the money to use for schools, roads or whatever, Amazon would get to keep it all instead.
“The result is that workers are, in effect, paying taxes to their boss,” says a report on the practice from Good Jobs First, a think tank critical of many corporate subsidies.
Most of the HQ2 bids had more traditional sweeteners. Such as Chula Vista, California, which offered to give Amazon 85 acres of land for free (value: $100 million) and to excuse any property taxes on HQ2 for 30 years ($300 million). New Jersey remains the dollar king of the subsidy sweepstakes, having offered Amazon $7 billion to build in Newark.
But more of a bellwether to me are proposals that effectively would put Amazon inside the government.
Some are small. Boston has offered to set up an “Amazon Task Force” of city employees working on the company’s behalf. These would include a workforce coordinator, to help with Amazon’s employment needs, as well as a community- relations official to smooth over Amazon conflicts throughout Boston. (Surely Amazon can handle these things itself?)
But the most far-reaching offer is from Fresno, California. That city of half a million isn’t offering any tax breaks. Instead it has a novel plan to give Amazon special authority over how the company’s taxes are spent.
(Excerpt) Read more at seattletimes.com ...
Screw Amazon
These ideas are not going to produce the “hoped for” result.
This is NFL stadium “Gone Wild.”
““The result is that workers are, in effect, paying taxes to their boss,”.........”
The Democrats use such tactic as creative means to purchase votes every election cycle, so this is very typical Democrat tactic by Rahm Emanuel to have the potential employees pay for their jobs. Typical Democrat move.
I’m sure the incompetent, totally sleazy amoral piece of steaming excrement just reelected by the totally apathetic and downright stupid NYC residents as mayor would gladly sell Amazon the rights to NYC altogether if it lined his pockets and pushed his commie agenda. He is a traitor to this country and should be tossed into a windowless cell for good.
What’s good for Amazon is good for the United States!
So it’s Amazon’s fault for crazy bids.
It’s a tough crowd today.
Idiocracy comes to life. Brawndo and Carls Jr.
I went to law school there.
Dem cities never create a good business climate. But they don’t hesitate to use the folks’ money to be able to say that they are bringing in businesses and jobs.
Why not. We’re a Corptacracy, we oughta be behavin’ like one.
I have Never bought from Amazon
Amazon Makes Money Exploiting Honest Merchants
https://market-ticker.org/akcs-www?post=232611
Mike Molson Hart, who sells toys on Amazon.com Inc.’s marketplace, realized earlier this month something was amiss. His company’s popular disc-shaped plastic building set, called Brain Flakes, had dropped precipitously in the ranks of Amazon’s best-selling toys as the critical gift-giving season approached.
He visited the product page on Amazon.com and suspected he was the victim of “sniping,” when one merchant sabotages another by hiring people to leave critical reviews of their goods and then voting those reviews as being helpful, making them the most prominent feedback seen by shoppers.
Of course Amazon will say it polices these sorts of things. Suuuure they do. How else, other than through willful blindness, could 10 people slander Mike’s products from a nation he has never shipped them to?
This isn't sarcasm or jokes. Buy or take over the island's debts, and in essence incorporate as both a corporation and nation.
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