Not sure how many pundits talking about Amazon even read the deal or where it was going.
$500+ million of the deal was *capital grants.*
$2.5 billion in tax breaks.
It’s fair to ask why we don’t invest the capital for public use, + why we don’t give working people a tax break.
Frankly, the knee-jerk reaction assuming that I “don’t understand” how tax giveaways to corps work is disappointing.
No, it’s not possible that I could come to a different conclusion. The debate *must* be over my intelligence & understanding, instead of the merits of the deal.
There’s NO WAY that this deal - one of the biggest giveaways in state history - could possibly have been bad, right?
Surely there can’t be anything wrong with suddenly announcing a massive restructuring & pricing out of a community without any advance notice or input from them.
There’s no CHANCE that the speculative insider real-estate buys that were creating immediate spikes in rent in one of the most rent-burdened communities in NYC could have possibly been unpopular?
Or that a technology giant of big-brother-esque potential was selling (notoriously flawed & racially biased) facial recognition technology to ICE while trying to move into 1 of the most immigrant-dense areas of the world?
No, it must be because I’m dumb.
You can follow @AOC.
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