Amazon Won't Build HQ2 in New York, But it Will Continue Grifting Taxpayers Elsewhere

Amazon Won't Build HQ2 in New York, But it Will Continue Grifting Taxpayers Elsewhere

5 years ago
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https://motherboard.vice.com/en_us/article/43znnn/amazon-wont-build-hq2-in-new-york-but-it-will-continue-grifting-taxpayers-elsewhere

After months of opposition from local politicians, tech industry activists, and residents, Amazon announced Thursday that it would not be building a massive new campus in Queens, New York after all. It’s a win for millions of New York state taxpayers, who were poised to give the richest man on Earth $1.7 billion in incentives and subsidies.

Amazon’s much-hyped “HQ2” search was a sweepstakes to see which cities would give it the best subsidies, tax breaks, and other handouts to build there. Today's news is a huge for the people of New York, and a big win for activists, but it is not the end of the era of massive subsidies for big companies.

Amazon Won't Build HQ2 in New York, But it Will Continue Grifting Taxpayers Elsewhere

Feb 14, 2019, 7:23pm UTC
https://motherboard.vice.com/en_us/article/43znnn/amazon-wont-build-hq2-in-new-york-but-it-will-continue-grifting-taxpayers-elsewhere > After months of opposition from local politicians, tech industry activists, and residents, Amazon announced Thursday that it would not be building a massive new campus in Queens, New York after all. It’s a win for millions of New York state taxpayers, who were poised to give the richest man on Earth $1.7 billion in incentives and subsidies. > Amazon’s much-hyped “HQ2” search was a sweepstakes to see which cities would give it the best subsidies, tax breaks, and other handouts to build there. Today's news is a huge for the people of New York, and a big win for activists, but it is not the end of the era of massive subsidies for big companies.