Posted by Staff Writer on 2/22/2019 to Politics and Economy
IncSmart New York (Small Business and Startups) - Socialists drive Amazon from New York, as the company chooses not to relocate to the Long Island City neighborhood in Queens. The majority of voters approved of the deal and are angry how the Socialists could take this away from them. Not only to take away, but to not replace with what they were getting. The 2.5 billion dollar campus is scuttled along with the 1500 construction jobs to build the new campus.
New York's loss is $27 billion in tax revenues, 25,000 to 40,000 jobs with an average salary at $150,000. New York is currently suffering from huge tax problems and mass migration continuing to other states. New York has the highest local tax burden in the country, and is below the national average in job growth under the growing Trump economy. New York keeps lagging when other states are prospering. Amazon had also promised over $600 million dollars in neighbor infrastructure.
By IncSmart Staff Writer
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