New Yorkers Protest Amazon HQ2: 'We Should Be Investing in Housing ... Not in Helicopters' (geekwire.com)
An anonymous reader shares a report: Shawn Dixon's life changed overnight. On Tuesday he was surprised to learn that Amazon plans to build a giant campus with room for thousands of high-paid workers on the same block as the small business he owns, Otis & Finn Barbershop. "We woke up yesterday with our whole world upside down," Dixon said. The announcement that one half of Amazon HQ2 is moving into his neighborhood -- Long Island City in Queens, New York -- motivated Dixon to attend a protest of Amazon's future campus Wednesday. He was
joined by elected officials, labor leaders, and activists who gathered to speak out against the tax incentives, government subsidies and other perks -- including a helipad -- that New York is offering Amazon in exchange for the thousands of jobs the company promises to bring.
"We're worried about our ability to stay in the neighborhood," Dixon said. "I'm not against growth and I'm not against Amazon but what I'm against is giving away all this money to one of the richest companies in the world when our schools are underfunded, we don't have schools in this neighborhood, the trains don't run here, and small business owners have no protections." The rally was organized by New York State Sen. Michael Gianaris, who represents the Queens neighborhood Amazon is moving into. "By the way, Amazon was coming here without all this money anyway," Gianaris said when he took the podium.
"We're worried about our ability to stay in the neighborhood," Dixon said. "I'm not against growth and I'm not against Amazon but what I'm against is giving away all this money to one of the richest companies in the world when our schools are underfunded, we don't have schools in this neighborhood, the trains don't run here, and small business owners have no protections." The rally was organized by New York State Sen. Michael Gianaris, who represents the Queens neighborhood Amazon is moving into. "By the way, Amazon was coming here without all this money anyway," Gianaris said when he took the podium.
Look, resistance is futile.
Now, if you'll excuse me, I'll go sell the house I bought just a few years ago for five times what I paid for it.
That said, you do have elections. But, as you can see with Seattle, those don't matter either.
-- Tigger warning: This post may contain tiggers! --
Then maybe you should allow more density. Restricting supply is a great way to make things unaffordable!
Any sufficiently unpopular but cohesive argument is indistinguishable from trolling.
The problem is that it is a tragedy of the commons situation. If New York doesn't give an incentive, then maybe Raleigh, NC will. Then, as in all markets, it comes down to what will the market bear. I think there needs to be a few court cases of unfair taxation that go up to the Supreme Court. The other answer is that people fight to reduce the role of government everywhere, but then they'd have to give up their rent-controlled apartments and cheap subway tickets.
Aah, change is good. -- Rafiki
Yeah, but it ain't easy. -- Simba
The argument is, I think, that the present value of Amazon and their employees' future investments, tax payments, and spending outweighs the incentive the city provides. So if they want more funding for schools and other stuff, well, that's how you get the money to do it. The calculations might be wrong, but I kind of doubt it, the HQ will be dumping a ton of money in to the local economy.
If he doesn't actually own the space he's in then with Amazon setting up shop, the lease payments are going to go up substantially to capture some of that sweet rich people money. He's going to have to decide whether his business can support the higher rent. If he decides he can't take the risk, the person who owns the building will find plenty of businesses that are willing to take the risk.
Work Safe Porn
The whole point is that there will thousands and thousands of new, well compensated professionals with incomes to tax and a giant surge of personal spending in the entire area surrounding the activity. That's exactly the sort of activity that funds the infrastructure in the first place. None of that would happen without attracting the entities that employ all of those people and stimulate all of those billions of dollars in activity. I haven't heard anyone report that the barber shop in question won't continue to pay taxes and fees on its surging new business activity, or that every restaurant for miles around that will get a huge jump in business will somehow fail to pay their taxes.
Don't disappoint your bird dog. Go to the range.