"I'll change my name to Amazon Cuomo if that's what it takes," New York Gov. Andrew Cuomo told reporters at an event, referring to his determination to land Amazon's second headquarters.
New York state will provide Amazon up to $1.7 billion in grants and tax breaks to lure the major online retailer and cloud-computing giant to the Long Island City neighborhood of Queens, making it the largest incentive package ever provided to a private company by the state. New York City is set to provide $1.3 billion in tax breaks on top of the state's incentive package.
“I say, there is plenty of money in this world, plenty of money in this country. But it's in the wrong hands,” New York City Mayor Bill de Blasio (D) declared.
Sen. Elizabeth Warren, the Massachusetts Democrat who is running for president in 2020, has proposed a plan to break up the largest US tech companies, including Amazon, Google, and Facebook, her campaign announced.
So, from one side the Dems dyeing to give the incentive to the largest cooperation in the world and to the other end Warren is trying to run on breaking large organization instead of using anti trust laws.
Is the money really in the wrong hand or we have some misguided politicians looking after themselves? Just a thought.
No comments:
Post a Comment