Additionally, the governor pointed out that the New York’s tax incentives for Amazon is typical. It is supported by Democrats and Republicans in the city and the state.
New York, other states using tax incentives to attract good businesses
He stressed that other states are also using tax incentives. New York is constantly competing with other states and nations to attract and keep good businesses.
Cuomo noted that state and local governments launched extraordinary efforts to win the Amazon transaction, which offers significant benefits. Hundreds of cities across North America competed to become the next location of Amazon’s H2Q.
The e-commerce giant estimated to create as much as 50,000 high-paying jobs at its second headquarters. It is committing an annual payroll of more than $3.75 billion annually within 10 years.
Politicians’ opposition to Amazon H2Q deal is “pure political posturing”
Furthermore, Cuomo slammed “the socialists” who claimed that “New York gave $1 grant to one of the richest men in the country.”
