NY state tax break is $48k per Amazon HQ job
This is such a great deal for NYCAs the article says, they give up $1.5B over 10 years, but then get "Projected incremental tax revenue of more than $10 billion over 20 years."I dont know where that comes from but the payroll and property taxes paid by 25k employees dwarves the incentives.The most important part is it cements NYC as the main tech center on the East Coast. That is invaluable.EDIT: I wonder if NYC with tax incentives, Amazon would still pay more tax than regular tax rates in FL, TX.