He said such argument is “politically appealing; but also is once again wrong… They also argue that we should let Amazon come to New York but provide no incentive. However, without the incentive Amazon, which owes duties to its stockholders (including the New York Pension Plan) would not come to New York and would not bring their revenues or jobs.”
Last week, New York Representative-elect Alexandria Ocasio-Cortez criticized the state’s transaction with Amazon. She said the tax breaks “were extremely concerning to residents.
Moreover, the governor condemned local officials opposing the Amazon H2Q project. He said their opposition is “pure political posturing.”
Cuomo noted, “Many of these same individuals signed a letter supporting the application for the same location… These same officials voted and authorized the long-standing economic development programs deployed in the Amazon transaction.”