Quote:
Originally Posted by Huehuecoyotl
I just see it as a huge f*ck up by Amazon who overestimated their ability to steamroll and expect Econ 101 to do their PR for them. Why have this huge pageantry if you're going to be picking basically between NY, LA, DC? Why not be a lot quieter, narrow it down, and then work with the city to create a bunch of PR 'give backs' to the population so that when the inevitable backlash to handing out incentives to extremely rich companies in a city with high housing costs happens you can point to more than Econ 101? It would seem like any PR firm that's ever dealt with a big construction/moving project would have foreseen this clusterf*ck
Because Amazon overestimates how many people actually like them. They think its universal. It wasn't and Bezos ego got hurt.
Even if its the norm, companies leveraging for tax incentives only looks good if you are some small business, not one of the most valuable in the world.
Apple is looking for another campus and Cook went out and said he wasn't interested in doing a beauty contest. Cook is at least smart enough to know the optics of mega corps getting tax abatements may not look good to some no matter how good the deal was.
The funny thing was he asked and privately got tax credits from Austin to relocate there.
Even if Amazon got 0 tax credits. There are still pockets of people that are anti big corp development.
There will always be folks worried about their rents going up as a result and they will vote someone to voice their opinion. AOC is that voice. She understands her constituency.
Last edited by Tien; 02-15-2019 at 06:08 PM.