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Started By
Message
re: Arlington VA is literally raising taxes on its citizens to pay for amazon subsidies
Posted on 11/13/18 at 1:02 pm to The Maj
Posted on 11/13/18 at 1:02 pm to The Maj
quote:
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...
Amazon is providing funds for an additional Metro station in Potomac Yards. Also additional funding for another Crystal city metro location.
This is a win for my county!
3
Posted on 11/13/18 at 1:07 pm to tigerinDC09
But it IS an example of corporate welfare, imo.
I am very uncomfortable with deals like this.
I am very uncomfortable with deals like this.
Posted on 11/13/18 at 1:08 pm to tigerinDC09
quote:
Amazon is providing funds
Wait, I thought they got a shite pile of subsidies?
Posted on 11/13/18 at 1:09 pm to HailHailtoMichigan!
quote:
But it IS an example of corporate welfare, imo.
We agree there. But sometimes an investment is good for all sides.
Posted on 11/13/18 at 1:10 pm to The Maj
quote:It's similar to Planned Parenthood getting billions from the government then donating it to Dem hacks.
Amazon is providing funds
Wait, I thought they got a shite pile of subsidies?
Posted on 11/13/18 at 1:10 pm to HailHailtoMichigan!
Democrats are the party of Corporate America, that's no secret.
Posted on 11/13/18 at 1:11 pm to tigerinDC09
We will see how it works out
I would have much preferred the government of va entice amazon by lowering taxes and regulations rather than direct subsidies
I would have much preferred the government of va entice amazon by lowering taxes and regulations rather than direct subsidies
Posted on 11/13/18 at 1:12 pm to tigerinDC09
quote:
But sometimes an investment is good for all sides.
Let's see, Amazon was already going to put their HQ east of the MS River... But it is a sound investment to give them tax breaks and other subsidies to do so?
This sounds a lot like how wonderful it is to host the Olympics and shite...
Posted on 11/13/18 at 1:14 pm to The Maj
quote:
Let's see, Amazon was already going to put their HQ east of the MS River... But it is a sound investment to give them tax breaks and other subsidies to do so?
The projections I've seen is that the subsidies are tied to the number of Jobs Amazon actually produces and if they average $150,000 salaries. So if they hit their projections, and get their subsidies, Arlington county will have made $6 for ever $1 they give up.
That's a win win.
This post was edited on 11/13/18 at 1:16 pm
Posted on 11/13/18 at 1:16 pm to tigerinDC09
quote:
Arlington county will have made $6 for ever $1 they give up.
Yeah, gubment math never adds up like they say it will... Believe that shite if you want to...
Posted on 11/13/18 at 1:17 pm to tigerinDC09
The taxpayers are paying for a portion of Amazon’s high paying salaries lol. Where are the democrats on this one? It’s all bullishit. Jeff Bezos has no right to complain about republicans now.
Posted on 11/13/18 at 1:21 pm to TBoy
quote:
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.
Republicans do something bad: Republicans are terrible!
Democrats do something bad:Look both parties do this! Republicans do it too!
Posted on 11/13/18 at 1:21 pm to BuckyCheese
quote:
I find an average salary of over 150k very dubious...
No shite. Amazon had to be shamed into raising their minimum wage. Senior VP's at Amazon don't even make $200K.
Posted on 11/13/18 at 1:21 pm to The Maj
quote:
Yeah, gubment math never adds up like they say it will
Like I said, if Amazon doesn't meet it's goals, they don't get the subsidies, it's called a contract. You don't have to believe anything, my county just got a major economic boost.
Posted on 11/13/18 at 1:22 pm to HailHailtoMichigan!
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 on 11/13/18 at 1:22 pm to LSU82BILL
quote:
I find an average salary of over 150k very dubious...
No shite. Amazon had to be shamed into raising their minimum wage. Senior VP's at Amazon don't even make $200K.
Once again, if they don't meet the $150k average they don't the associated subsidy. This isn't hard.
Posted on 11/13/18 at 1:25 pm to tigerinDC09
It seems like Arlington got a much better deal than NYC, at least from a quick glance at the contracts
Posted on 11/13/18 at 1:25 pm to HailHailtoMichigan!
Bobby Jindal's Economic Development Chief is running the show in Virginia. Of cource corporate welfare is going to skyrocket.
Posted on 11/13/18 at 1:25 pm to tigerinDC09
quote:
Once again, if they don't meet the $150k average they don't the associated subsidy. This isn't hard.
At that time it's going to be the threat of moving, your ilk will cave and give them the subsidies.
Posted on 11/13/18 at 1:26 pm to HailHailtoMichigan!
quote:
25,000 jobs with an average wage of over $150,000 in Arlington.
Yea, I'm not buying that. Crazy if true though.
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