You can’t control state and local taxes at the federal level, but you can use the federal tax code to influence behavior.
For example - if a company gets a local tax incentive that not every company gets, they cannot deduct any local taxes from their federal tax return.
Uh-oh…
https://www.geekwire.com/2019/amazons-future-seattle-uncertain-neighboring-city-looks-like-hq2/
How disappointing–when I pay serious money for a restaurant, I really expect consistently excellent food. It doesn’t sound like those two new Seattle places will deliver that. 
Cuomo wrote a “Please come back” letter to Amazon!
And Amazon says they are not going to occupy the giant glass tower being built for them here. But the city across the puddle apparently looks attractive to them…
@Iglooo =))
May I gossip here? Bezoes had a mystery woman with him in LA after the Oscar.
Link? What happened to the helicopter pilot ?✈️?
Do you mean Lauren somebody? It was her brother who sent the picture to National Enquirer. I guess that warrants a breakup.
I am imagining future projects by Chambers of Commerce around the country. They will be advertising urging employers to set up shop in town. But there will be a disclaimer that the CEO cannot be a billionaire and that the company cannot have “obscene” profits.
@TomSrOfBoston Good Point. If there is a real chance their executives are just “ok” and products are “Meh” and the chance of closure down the line is real — that’s the perfect candidate. NYC was silly. Overcrowding and transit systems have been a problem for years. But let’s blame the company and make them the villain. Who needs 25 billion over time to help address the very problems they are pointing out. Real problems that require real money.
Imho it’s a death spiral for areas like this and makes everyone happy “we showed them” that is a classic Pyrrhic victory.
NY trying to get Amazon to reconsider…
https://int.nyt.com/data/documenthelper/640-amazon-ad-nyt/23be553f1bef2065302d/optimized/full.pdf
Not to mention most crowded air travel in the country, if not the world. NYC was always a really bad economic/regulatory* choice, but Bezos wanted to be there so it was theirs to lose, and lose it they did.
*The only positive was a good workforce, albeit at a 20+% labor premium to other locales.
Not signed by the governor or mayor. Or other pols.
Won’t move the needle. Too bad.
IMO, Amazon dodged a bullet by pulling out. The protests alone would be a constant drain to employees and I’d expect that “terms” would change over the years as the “Amazon” cash register becomes too attractive for city politicians to ignore. The NYC workforce is easily replicated at many other cities where the citizens would also be more welcoming.
But Cuomo and DeBlasio referenced in letter, Cuomo “taking personal responsibility for the project’s state approval”
This is the absolute truth. There will always be fringe protesters…Bezos and his team have avoided the headaches. There is no amount of begging that NY pols and business leaders can do to get Amazon to reconsider. Its over and the damage to New York has only just begun.
Giant inflatable rats on your doorstep isn’t a good look…and Bezos knows it.
It’s a state’s and city’s responsibiity to always be seeking new businesses and facilitating. Not just the big opportunities- which so often seem to come at a bigger price, more concessions. There is no one bandaid, no one win that fixes it all. And, without negatively impacting smaller businesses, already there or wanting to be, but unable to swing what the largers can.
I saw that for sure. I would think they support it but who knows if they agree.
And good forbid they put anything in writing or could be perceived as being bold, despite partisans being unhappy. Politicians. Good grief.
Plausible deniability. It’s officially, unofficial.
That was essentially what a long-time NYC resident wrote in a WSJ column last week. She said to make nice, let them move in, staff up by 25k employees, and then shake them down. At that point, too hard to relocate. 