What happens to Anable Basin now? February 22nd, 2019 Surely there can’t be anything wrong with suddenly announcing a massive restructuring & pricing out of a community without any advance notice or input from them. There’s NO WAY that this deal – one of the biggest giveaways in state history – could possibly have been bad, right? She also noted many residents who live near the proposed campus site would have been priced out and noted Amazon’s questionable record of working with ICE. She then criticized Amazon and government officials for shutting out the community when they stitched the deal together. Alexandria Ocasio-Cortez February 19, 2019 The debate *must* be over my intelligence & understanding, instead of the merits of the deal. No, it’s not possible that I could come to a different conclusion. Ocasio-Cortez shot back in a series of tweets, critical of those who questioned her intellect and understanding of the deal.įrankly, the knee-jerk reaction assuming that I “don’t understand” how tax giveaways to corps work is disappointing. The company was also likely to get $1.2 billion in tax credits via the state’s Excelsior Jobs Program and a $500 million capital grant. For instance, Amazon was projected to receive a $1.4 billion tax credit from New York City as part of a program that incentivizes companies to bring jobs to areas outside Manhattan’s central business district. Most of the tax breaks were based on job creation. Bill de Blasio on Meet the Press indicated that many progressives didn’t understand how the $3 billion in tax incentives worked. The deal, as critics pointed out, required Amazon to build a campus and create the jobs in order for the tax breaks to kick in. She added: “If this had gone through it would have made – overnight – New York City the high tech capital of the east coast.” “They just said we don’t want it and demonstrated against it-but it’s jobs and I have not seen anything like it,” Maloney said. “It used to be that we would protest wars, now we are protesting jobs.” “I am progressive too, but I am pragmatic,” she said. Maloney, who represents Long Island City, was baffled by the opposition, given that 25,000 jobs were on offer paying an average of $150,000 per year. Meanwhile, Congresswoman Carolyn Maloney argued in a CNN interview that progressives, such as Ocasio-Cortez, were not thinking clearly. Critics argued that it indicated that she lacked an understanding of how the incentives worked and that she believed that there was a pot of money that could now be spent with the deal being off.
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