CORRUPTION: Democrats Bribe Amazon To Come To Town dailywire.com/news/38316/cor…
So, what goodies did Democrats give Jeff Bezos and @Amazon for the privilege of hosting their new headquarters? According to Jim Geraghty of National Review, the state of Virginia will give Amazon some $573 million to produce some 25,000 jobs.
Arlington will give Amazon $23 million over 15 years. As Geraghty points out, “Arlington is raising taxes in order to pay Amazon to locate there.”
Meanwhile, New York opened its goodie bag as well, with Governor Andrew Cuomo and Mayor Bill De Blasio grinning through the announcement that the state would give Amazon some $2 billion in tax credits and other incentives.
They will receive direct incentives of $1.525 billion for creating 25,000 jobs — an average of $61,000 per job created.
Both New York and Washington, D.C. can also expect rising housing prices, strained public services, and additional spent tax dollars on Amazon.
So, it turns out that crony capitalism is alive and well in Democratic areas like New York and Washington, D.C.
So, it turns out that crony capitalism is alive and well in Democratic areas like New York and Washington, D.C.
This used to be called corruption. Now it’s just “drawing business.”
It’s rather hilarious that the same politicians who recognize that they need to create special incentives to draw businesses from foreign climes refuse to acknowledge that the regulations and taxes they place on their own homegrown businesses drive those businesses away.
But economic liberals have never been known for the consistency of their viewpoint.
