So Amazon turns down NYC -

[The Feral Slasher]

Are you surprised as well that AOC’s position is a lot more Libertarian (based on what you posted earlier) than democratic socialist?

Is it possible that the Libertarian and democratic socialist positions intersect in some areas ? I beleive that is the case here, don't they both traditionally oppose corporate subsidies ?

[nots]

I don’t know...that’s why I asked. You seem to be more well versed in political theory than I am.

[The Feral Slasher]

I don’t know...that’s why I asked. You seem to be more well versed in political theory than I am.

It is my understanding that both of these groups would be very much against corporate subsidies. Not sure I'm an expert, but I'd be very surprised to hear otherwise.

[baldgriff]

The Cato article is an interesting take - and I do appreciate that they suggest alternatives to fixing NYC's current issues. They are fantastic long term solutions that long term likely could help fix NYC's situation.

The suggestions that Cato makes are made from the perspective that NYC is "less competitive" in the marketplace due to their high property taxes and overly restrictive regulatory environment.

As such, I agree that NYC could become more competitive in the competition of drawing businesses to itself.

It is possible for me to be Libertarian and still have a different take on an individual transaction and see the benefits of the transaction to that community. I just dont view the $3Billion Credit as "pork" - I view it as a bid - one that very well may be necessitated to be competitive and offset NYC's other issues that the CATO institutes long term suggestions I would agree with.

Lets be honest - making the changes to the tax code and regulatory environment in NYC is going to be a very long term process.

Again the original purpose of this thread was to recount the inability of certain elected officials to understand that a Tax Credit is not actually Cash on the table.

[The Feral Slasher]

The Cato article is an interesting take - and I do appreciate that they suggest alternatives to fixing NYC's current issues. They are fantastic long term solutions that long term likely could help fix NYC's situation.

The suggestions that Cato makes are made from the perspective that NYC is "less competitive" in the marketplace due to their high property taxes and overly restrictive regulatory environment.

As such, I agree that NYC could become more competitive in the competition of drawing businesses to itself.

It is possible for me to be Libertarian and still have a different take on an individual transaction and see the benefits of the transaction to that community. I just dont view the $3Billion Credit as "pork" - I view it as a bid - one that very well may be necessitated to be competitive and offset NYC's other issues that the CATO institutes long term suggestions I would agree with.

Lets be honest - making the changes to the tax code and regulatory environment in NYC is going to be a very long term process.

Again the original purpose of this thread was to recount the inability of certain elected officials to understand that a Tax Credit is not actually Cash on the table.

Well below is your original post which says nothing at all about equating Tax Credit and Cash. So I'm not sure how that was your original purpose ?

so rather than some 25-50 thousand jobs bringing great amounts of business and capital to the area - people rejoice (led by AOC and group) because they "defeated" the big bad greed corporations and didnt give them the 3 billion tax break.

Have fun not working and just keep asking for policies to take money from the rich guy.

[baldgriff]

Sorry - I figured most of the left leaning folks here would have already known about AOC's mis-speak. My apologies for not including the portion in there about how NYC should spend the offered Tax Credits now to fix the train system and teachers pay.

Just from a math perspective - NYC appeared to be getting a very good deal in order to capture the business and other business that would like come from the influx of those jobs and the income and sales taxes it would created. Thats the pragmatist in me speaking.... lol!

[onejayhawk]

Sorry - I figured most of the left leaning folks here would have already known about AOC's mis-speak. My apologies for not including the portion in there about how NYC should spend the offered Tax Credits now to fix the train system and teachers pay.

Just from a math perspective - NYC appeared to be getting a very good deal in order to capture the business and other business that would like come from the influx of those jobs and the income and sales taxes it would created. Thats the pragmatist in me speaking.... lol!

No lie. Not counting the new jobs, construction money spent, and the ongoing boost to the local businesses, the state was going to get an estimated 30 $Billion in new taxes. The deal was for only 10% of that.

J

[baldgriff]

MSNBC calling out AOC...

Already saying that she is going to drive more people to Trump. I wont vote for him!

[The Feral Slasher]

Sorry - I figured most of the left leaning folks here would have already known about AOC's mis-speak. My apologies for not including the portion in there about how NYC should spend the offered Tax Credits now to fix the train system and teachers pay.

!

Regardless of weather I was aware of her complete comments (I wasn't), I can only respond to what you type in your message. Maybe you guys who are so fascinated by AOC should just start a thread about her, then when people go in there they understand what the discussion is actually about.

[baldgriff]

Regardless of weather I was aware of her complete comments (I wasn't), I can only respond to what you type in your message. Maybe you guys who are so fascinated by AOC should just start a thread about her, then when people go in there they understand what the discussion is actually about.

Hey - I admitted I forgot to place that in the original text - sorry that your didnt know about her comments. I understand that you can only respond to what is there and from now on I will try to make sure that I place all necessary information in my original posts along with annotated references.

The actual fact that she had no understanding of how the deal was actually constructed or the NYC actually had $3Billion dollars just laying around to be allocated is truly mind blowing.

[DMT]

Hey - I admitted I forgot to place that in the original text - sorry that your didnt know about her comments. I understand that you can only respond to what is there and from now on I will try to make sure that I place all necessary information in my original posts along with annotated references.

The actual fact that she had no understanding of how the deal was actually constructed or the NYC actually had $3Billion dollars just laying around to be allocated is truly mind blowing.

Mindblowing that a freshman Representative isn't perfect? Hmm, yet Trump makes similar blunders almost every day and it's business as usual.

[baldgriff]

Mindblowing that a freshman Representative isn't perfect? Hmm, yet Trump makes similar blunders almost every day and it's business as usual.

Have I ever stated that he shouldnt be taken to task for it?? There are already plenty here taking care of that role - and yet none of you seemed willing to step up and state that AOC should be held responsible for not understanding the difference between a basic tax credit and actual cash.

[DMT]

Have I ever stated that he shouldnt be taken to task for it?? There are already plenty here taking care of that role - and yet none of you seemed willing to step up and state that AOC should be held responsible for not understanding the difference between a basic tax credit and actual cash.

Probably because none of us are as obsessed about her as you and Fox News.

[nots]

Mindblowing that a freshman Representative isn't perfect? Hmm, yet Trump makes similar blunders almost every day and it's business as usual.

Yeah, if only someone one in here would occasionally post something negative about Trump.

[DMT]

Yeah, if only someone one in here would occasionally post something negative about Trump.

Yep, POTUS is roughly equivalent to a 29-year-old rookie Representative who's been in office less than two months. Lather it up boys!