NY taxpayers to pay $48,000 per job at new Amazon HQ

Carbonatix Pre-Player Loader

Audio By Carbonatix

Amazon announced today that it is splitting its headquarters into two, with locations in Alexandria, Virginia and Long Island City, New York.

But, the online retailer’s decision isn’t sitting well with those on both sides of the isle. Some local officials in New York are planning rallies tomorrow to protest the move.

They say the new headquarters will negatively affect transit, low income housing and schools. Democratic socialist and congresswoman-elect Alexandria Ocasio-Cortez tweeted it's not fair Amazon will received hundreds-of-millions-of-dollars in tax breaks when the city struggles with infrastructure issues. 

Conservatives note that New York State's $1.5 billion in taxpayer-funded incentives to get Amazon there are nearly triple those of Virginia's.

According to Amazon, the cost for New York taxpayers is going to be about $48,000 per job.

Corrie O'Connor

 

Trending Videos

Salem News Channel Today

Sponsored Links

Trending Videos

On Air & Up Next

  • InvestTalk with Justin Klein and Luke Guerrero
     
    InvestTalk™ serves as your go-to educational platform to delve into the   >>
     
  • Bloomberg Businessweek
    4:00AM - 5:00AM
     
    Get the latest news from the world of business and finance and the interesting   >>
     
  • America in the Morning
    5:00AM - 6:00AM
     
    America in the Morning with host, John Trout, leads the way today with a lively   >>
     
  • Bloomberg Businessweek
    6:00AM - 7:00AM
     
    Get the latest news from the world of business and finance and the interesting   >>
     
  • Best Stocks Now
    7:00AM - 8:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     

See the Full Program Guide