My own experience in NYC's tech scene is that a plurality of tech workers come from outside the city, and I am skeptical that their presence nevertheless "lifts all boats" via Seamless orders and bar tabs.
My own experience in NYC's tech scene is that a plurality of tech workers come from outside the city, and I am skeptical that their presence nevertheless "lifts all boats" via Seamless orders and bar tabs.
Having a district-level focus seems like a poor resolution -- should queens residents then conversely be restricted from working in Manhattan? It seems pretty regressive since poorer districts would get poorer.
People grow up in their neighborhoods and are connected to them and proud of them. Their are ways to bring up a neighborhood without pricing its residents out of living there.
The main issue that progressives took with all of this is that Amazon pays $0 in federal tax, demanded $3 billion in local tax breaks, and offered very little enforceable things in return.
We can't just let huge companies run around asking major cities to bend over for them and offer up their money and their souls for almost nothing in return.
Citation to actual financial statements needed. Their most recent 10-K indicates they paid $1.2B in total taxes.
> demanded $3 billion in local tax breaks
No, they didn't. At least $2.5B of that is on the table for any company that wants to build and office for 25,000 people in LIC.
> offered very little enforceable things in return
Not sure what you mean here. The majority of the tax breaks are directly tied to headcount or construction. No hiring/construction == no credits.
Right. Leaving $500MM in cold hard taxpayer dollars to build a building for the richest guy in the world so he could promptly compete with local businesses. Which, to be clear, was not something a lot of those taxpayers were happy about.
No one is suggesting restricting anyone's ability to work but you can't be surprised when people elected to represent a district act with only that district in mind.