Yesterday we posted an article about the new Representative from New York complaining that
the governments of New York City And Washington D.C. had given large amounts of money
to Amazon so it would build their new headquarters in those areas. We thought she was wrong,
however, upon learning more about this situation, we have to admit she was right.
We have long complained about big corporations (usually well connected and wealthy) being
given funds and property tax credits for locating a facility in their city. We also have hated
those wealthy owners of sports teams being given free stadiums (at tax payer expense) and other
credits for either staying in the city or for relocating to the city. Both of these situations are wrong
on so many levels.
A business should locate where it can get the best employees, raw materials and other
things necessary for their business, not because the city fathers bent over and gave them
the store. The same goes for sports franchises.
On this matter Alexandria Ocasio-Cortez is right (can't believe we are saying this). It is a time for
corporate welfare and sports team welfare to end. Instead of giving billions (in the case of
Amazon) away, those same dollars should be spent on the roads, bridges and other
infrastructure that is failing in this country.
Conservative Tom
Fox News' Star Stuns Himself By
Agreeing With Anti-Trump Dem
complete with tens of thousands of employees – guaranteed to raise house
prices past the speed of inflation and make commuting even more miserable
– the world's richest man will receive $2 billion in tax breaks.
That's made for some strange bedfellows in Washington, D.C.
The Hill's Joe Concha reports:
Fox News host Tucker Carlson says Rep.-elect Alexandria
Ocasio-Cortez (D-N.Y.) "has a very good point" in criticizing Amazon receiving
taxpayer subsidies for its new headquarters, asking, "How does that work?"
Carlson admitted on his primetime program late Tuesday that while he hated
"to admit it," he agreed with Ocasio-Cortez's perspective.
"Jeff Bezos, who is the world’s richest man, will receive more than $2 billion
in subsidies from you, the taxpayer," he stated. "New congresswoman
Alexandria Ocasio-Cortez had this to say: 'Amazon is a billion-dollar
company. The idea it will receive hundreds of millions of dollars in tax
rates at a time when a subway is crumbling in our communities need more
investment, not less, is extremely concerning to residents here.'”
...
The anomalous agreement between the conservative host and the
newly-elected declared Democratic socialist comes after Amazon
announced Monday it had chosen Long Island City in Queens and
Arlington, Va. as the sites of a new split headquarters. Amazon is
owned by the richest man on the planet, Jeff Bezos, who is
ranked #1 on Forbes' annual list ahead of Microsoft founder
Bill Gates. The retail giant became only the second company
to hit $1 trillion in market capitalization after Apple achieved the
mark in August.
Read more at http://americanactionnews.com/articles/fox-news-star-stuns-himself-by-agreeing-with-anti-trump-dem#ckrDsEILk1Vt5oFa.99
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