Gov. Cuomo slams critics of Amazon HQ2 deal, says their arguments are “baseless”

Andrew Cuomo New York Governor

New York Governor Andrew Cuomo defended the state’s Amazon HQ2 transaction particularly its tax incentives following criticisms from all sides.

In an op-ed, Cuomo condemned the “extreme conservatives and the socialists” for strongly opposing incentives for Amazon. The governor rejected claims that New York gave the e-commerce giant $1 billion to build its second headquarters in Queens.

“The New York Post, which is representative of extreme conservatives, says essentially that New York “gave Amazon $1 billion.” Their argument is factually baseless. New York State and New York City gave Amazon nothing,” wrote Cuomo.

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New York will get $900 million from Amazon

The governor explained that New York agreed to reduce Amazon’s estimated tax payment of $ 1billion by $100 million. Therefore, the state will get $900 million in new tax revenue from the e-commerce giant.

Cuomo said, “New York doesn’t give Amazon $100 million. Amazon gives New York $900 million. The revenue is from state and city taxes, including income taxes [in New York State and New York City…”