Amazon drops plans to add headquarters in New York City

Discussion in 'Wall St. News' started by R1234, Feb 14, 2019.

  1. R1234

    R1234

    Absolutely correct. I know of several people who have left NY in the past few years because it has become increasingly punishing for taxpayers.

    One guy was paying property tax of more than $20k on his 2,000 square foot house. Another guy owned commercial property where the property taxes almost equaled his rent roll!

    It'll be fun to watch what happens when millennial Ocasio-Cortez's Green New Deal comes to pass.
     
    #11     Feb 14, 2019
  2. destriero

    destriero


    Wow, you know several people?

    You can always expatriate to Asia and catch the bird flu and do your part!
     
    #12     Feb 14, 2019
  3. Overnight

    Overnight

    It won't.
     
    #13     Feb 14, 2019
  4. srinir

    srinir

    Florida property taxes combined with the property insurance ain't cheaper. Anyway Florida needs all those yankee's to outnumber rednecks
     
    #14     Feb 14, 2019
  5. bone

    bone

    I trust that was just a flippant statement...
     
    #15     Feb 14, 2019
  6. Sig

    Sig

    Look at you big stuff, you combined the word "liberal" and "retard" to make "libtard". Your parents must be so proud of your intellectual accomplishments and contributions to the wold!
     
    #16     Feb 14, 2019
  7. newwurldmn

    newwurldmn

    They were going to make HQ2 a giant warehouse? Do you have a Link for that?
     
    #17     Feb 14, 2019
  8. Sig

    Sig

    Given that the 5 top states that New Yorkers are "fleeing" to are Florida, New Jersey, California, Pennsylvania and North Carolina I'm not sure that supports the whole "libtards ruined NY and everyone is fleeing" narrative that some on this thread are pushing (maybe just the NC part). It could just as plausibly support the "people in NY make a lot of money because it's one of the most dynamic economies in the world and then retire to FL" narrative. If we're talking anecdotal stories here that's what I've been hearing for, oh, 30 years. NYC alone has a bigger economy than the entire state of FL, and the increasing returns to adoption you get from having all that in one spot mean that's not going to change any time soon. I hear the same thing about CA all the time, but as an entrepreneur I sure as hell am not going to start a business in Kansas or Florida or Mississippi because they're good solid low tax red states....because they have jack in the way of all the things you need to actually start and grow a business.
     
    #18     Feb 14, 2019
  9. ironchef

    ironchef

    #19     Feb 14, 2019
  10. bone

    bone

    Amazon was keeping specifics close to their vest but they were throwing around figures between 20K-50K employees at HQ2 - there was certainly distribution involved. I mentioned FedEx, UPS, and DHL in a previous post because those Headquarters are not just administrative headquarters but airplanes and maintenance, logistics, IT, materials storage and handling and distribution; the whole shebang.

    It's academic at this point. According to Amazon, they are no longer going to pursue this "HQ2" Headquarters Deux Campus idea - and they are going to build out Nashville and D.C. (which they announced November 2018, instead).
     
    #20     Feb 14, 2019