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NYC Mayor Slammer Amazon HQ2 Reversal – Axios



In a New York Times published published Saturday night, New York City Mayor Bill de Blasio Amazon condemned his decision to pull the plug on his HQ2 expansion in Queens, calling it a by-product of massive economic power concentrated in the hands of few wealthy companies.

"As the mayor of the nation's largest city, a place that is both a progressive lighthouse and the very symbol of capitalism, I share the frustration of corporate America. So many of my mayors across the country We know the game is rigged. But we we still find each other in the race to secure opportunities for our citizens as companies force us to everything against all competitions.

Amazon's HQ2 bid war exemplified the injustice. "[1

9659004] The big picture: De Blasio suggested that Amazon had taken the time to "speak honestly" with local activists, the project – who "could have opened a way to the middle class for thousands of families" – perhaps rescued. Instead, Amazon decided to "not want to be in a city where they had to engage critics at all", as they Blasio called "a pattern."

  • "When the Seattle City Council taxed large employers to fund the fight against homelessness, the company threatened to stop major expansion plans and jeopardized 7,000 jobs. The tax was abolished."
  • De Blasio also highlighted the recent reports that Amazon paid $ 0 in federal income tax in 2018, despite record earnings. He called it "galling", especially at a time when middle class Americans gradually see smaller tax returns as a result of President Trump's tax plan.

The bottom line according to the Blasio : "We have just witnessed another example of what the concentration of power in the hands of large corporations is going to be. Let's change the rules before the next company attempts to share and conquer. "

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