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Arlington VA is literally raising taxes on its citizens to pay for amazon subsidies

Posted on 11/13/18 at 11:43 am
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69377 posts
Posted on 11/13/18 at 11:43 am
quote:

Amazon will receive performance-based direct incentives of $573 million based on the company creating 25,000 jobs with an average wage of over $150,000 in Arlington. This includes a workforce cash grant from the Commonwealth of Virginia of up to $550 million based on $22,000 for each job created over the next 12 years. Amazon will only receive this incentive if it creates the forecasted high-paying jobs. The company will also receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms.


This on top of the state giving them 500 mill

Never let a Virginia Democrat ever claim that Republicans are “in the pocket of big business and special interests” again.

LINK
Posted by beerJeep
Louisiana
Member since Nov 2016
35120 posts
Posted on 11/13/18 at 11:44 am to
Literally
Posted by flyAU
Scottsdale
Member since Dec 2010
24855 posts
Posted on 11/13/18 at 11:50 am to
I am failing to see the downside of losing out on these sites.
Posted by junkfunky
Member since Jan 2011
33962 posts
Posted on 11/13/18 at 11:56 am to
NY is giving them 1.5 bil

The replies to DeBlasio's tweet about it are awesome.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 11/13/18 at 11:57 am to
quote:

Arlington VA is literally raising taxes on its citizens to pay for amazon subsidies



Not stunned. Libs won't care.
Posted by timdonaghyswhistle
Member since Jul 2018
16326 posts
Posted on 11/13/18 at 11:58 am to
The Washington Compost isn't going to pay for itself.
Posted by Magician2
Member since Oct 2015
14553 posts
Posted on 11/13/18 at 11:59 am to
I expect boosiebadazz to come in this thread going after Va state leadership. He went after Walker in WI for doing the same thing with Foxcon.
Posted by The Maj
Member since Sep 2016
27200 posts
Posted on 11/13/18 at 11:59 am to
This is the equivalent of stuffing more shite into an already overflowing bag... LMAO...

I know traffic is already terrible in both locales, I wonder if the public transport is going to be able to handle the influx as well...
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 11/13/18 at 12:04 pm to
I don't see where the city of Arlington is raising taxes to pay to Amazon in the quote you posted.
Posted by McLemore
Member since Dec 2003
31541 posts
Posted on 11/13/18 at 12:15 pm to
Literally Fascism.

It's funny that these turds are out violently protesting what they think is facism (it isn't) while supporting (to the extent they even know what they support) the marriage of corporations and state via this sort of bullshite right here, comprehensive regulation, entitlements, etc.

History lessons needed.
Posted by CleverUserName
Member since Oct 2016
12698 posts
Posted on 11/13/18 at 12:19 pm to
They vote for it lock step in northern Va. Raise em. Get that property tax up since they “voted in their best interest”
Posted by TBoy
Kalamazoo
Member since Dec 2007
23836 posts
Posted on 11/13/18 at 12:27 pm to
It is incorrect to say that ridiculous corporate subsidies are a Democratic Party thing. This disease affects all parties. It’s bad policy regardless of who is in office.
Posted by Brosef Stalin
Member since Dec 2011
39282 posts
Posted on 11/13/18 at 12:31 pm to
Every city does this though. If not Arlington, some other city would have given them the money. Its just how big business works these days.
Posted by SirWinston
PNW
Member since Jul 2014
82269 posts
Posted on 11/13/18 at 12:32 pm to
Scott Walker lost bc of a similar (less lucrative) deal with FoxConn
Posted by oogabooga68
Member since Nov 2018
27194 posts
Posted on 11/13/18 at 1:10 pm to
Democrats are the party of Corporate America, that's no secret.
Posted by Ostrich
Alexandria, VA
Member since Nov 2011
8778 posts
Posted on 11/13/18 at 1:22 pm to
quote:

The company will also receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms.


Not really. It's raising taxes of tourists
Posted by BlackAdam
Member since Jan 2016
6462 posts
Posted on 11/13/18 at 1:25 pm to
Bobby Jindal's Economic Development Chief is running the show in Virginia. Of cource corporate welfare is going to skyrocket.
Posted by RandySavage
Member since May 2012
30902 posts
Posted on 11/13/18 at 1:26 pm to
quote:

25,000 jobs with an average wage of over $150,000 in Arlington.


Yea, I'm not buying that. Crazy if true though.
Posted by JuiceTerry
Roond the Scheme
Member since Apr 2013
40868 posts
Posted on 11/13/18 at 1:45 pm to
quote:

Arlington VA is literally raising taxes on its citizens to pay for amazon subsidie
Do you know what an occupancy tax is?

Hint: It's not a tax on Arlington residents

Change your click bait title
Posted by SM6
Georgia
Member since Jul 2008
8802 posts
Posted on 11/13/18 at 2:18 pm to
You think that is bad? Look at what Scott Walker gave to Foxconn, only for Foxconn to promptly downsize the scale of its commitment.

quote:

Like most states, Wisconsin had given subsidies to companies in the past, but never higher than $35,000 per job. Foxconn’s subsidy was $230,000 per job.


LINK
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