Did New York Lose Anything with Amazon’s Rejection? It’s Complicated
The question for me isn&#x27;t the profit&#x2F;loss equation, it&#x27;s whether we should be giving subsidies to already highly-profitable companies.<p>You can argue all you want about whether Amazon would bring in more money for NYC, but the fact is that they would bring in MORE net money if they didn&#x27;t receive the subsidies. Yes, you can argue that Amazon wouldn&#x27;t come to NYC then, but that&#x27;s only because American cities have allowed Amazon to set the rules by creating this competition for their HQ2 location. American cities need to present a united front that we won&#x27;t be giving money to already extremely wealthy people. Otherwise any time a major company wants to start a new location they can play cities against each other and the people living in those cities will pay the price.<p>Jeff Bezos is the richest man in the world. If he wants a new HQ he can buy the real estate at full price. Americans need to stand up to the frankly disgusting idea that we should be giving him money.