The state of Virginia is giving Amazon more than a half-billion dollars, with the local government of Arlington kicking in another $23 million.

Amazon will receive performance-based direct incentives of $573 million based on the company creating 25,000 jobs with an average wage of over $150,000 in Arlington. This includes a workforce cash grant from the Commonwealth of Virginia of up to $550 million based on $22,000 for each job created over the next 12 years. Amazon will only receive this incentive if it creates the forecasted high-paying jobs. The company will also receive a cash grant from Arlington of $23 million over 15 years based on the incremental growth of the existing local Transient Occupancy Tax, a tax on hotel rooms.

ANd...

The community and Amazon employees will benefit from the Commonwealth investing $195 million in infrastructure in the neighborhood, including improvements to the Crystal City and the Potomac Yard Metro stations; a pedestrian bridge connecting National Landing and Reagan National Airport; and work to improve safety, accessibility, and the pedestrian experience crossing Route 1 over the next 10 years. Arlington will also dedicate an estimated $28 million based on 12% of future property tax revenues earned from an existing Tax Increment Financing (TIF) district for on-site infrastructure and open space in National Landing.

JBG SMITH to manage

i'll make it back on increased USPS rates ! that's why i hate Trumpers.

Bezos Next best thing for Soros Koch suckers

And theyre touting that the increase in real estate values will result in more tax revenues! Isnt that great!!!!

Doesn't this kind of subsidy have to be approved by the General Assembly? If so why did the Republican controlled General Assembly create a slush fund large enough to allow the Governor's office to make this deal?

And these numbers dont reflect the billion dollar VT campus promised.

Guess who pays for that?

https://mix935roanoke.iheart.com/content/2018-11-13-new-1-billion-tech-focused-vt-campus-cited-as-attraction-for-amazon-hq/

News just reported that "marketing data" was part of the deal.
Whats up with that?
Might be fake news, but i'd like to know more about this, if anyone has insight.

Thank God Virginia is going Deep Blue. Why don't you git - to one of the Deep Red States. You know - the poorest states in the nation.

Why do the Ds migrate to the deep red parts of the country, bringing with them their failed high-tax ways, then declare that the working "poor" locals should leave while welcoming the utterly poor and dependent internationals? I think maybe they love the 1%ers stealing the labor of the poor and powerless and have disdain for independence and self-sufficiency,

Ytym7 Wrote:
-------------------------------------------------------
> Why do the Ds migrate to the deep red parts of the
> country, bringing with them their failed high-tax
> ways, then declare that the working "poor" locals
> should leave while welcoming the utterly poor and
> dependent internationals? I think maybe they love
> the 1%ers stealing the labor of the poor and
> powerless and have disdain for independence and
> self-sufficiency,

They hate America.

Ds control, want to choose winners and losers.

‘If you focused on creating a more competitive business tax environment rather than targeting one white whale, you would have a much better system overall and, frankly, it would probably create more than 25,000 jobs.’
...Jared Walczak, a senior policy analyst with the Center for State Tax Policy at the Tax Foundation.

in the financial world it's called a REVOLVING DOOR

i leave within miles of someone who was a bank loan manager who loaned money to some county gov, got a sweet job in the same county after leaving the position (the payoff)

that's also a "revolving door"

there are many - OP seems to think something new is un-covered. perhaps OP doesn't realize why USA is fed up with regime and politicians and voted in a more or less OUTSIDER (that they had a choice of): Trump

truth? if some of my neighbors didn't do worse and just got paid less - i would be surprised

Pjjkg Wrote:
-------------------------------------------------------
> The state of Virginia is giving Amazon more than a
> half-billion dollars, with the local government of
> Arlington kicking in another $23 million.
>
> Amazon will receive performance-based direct
> incentives of $573 million based on the company
> creating 25,000 jobs with an average wage of over
> $150,000 in Arlington. This includes a workforce
> cash grant from the Commonwealth of Virginia of up
> to $550 million based on $22,000 for each job
> created over the next 12 years. Amazon will only
> receive this incentive if it creates the
> forecasted high-paying jobs. The company will also
> receive a cash grant from Arlington of $23 million
> over 15 years based on the incremental growth of
> the existing local Transient Occupancy Tax, a tax
> on hotel rooms.

The republicans gave 1.5 trillion to corporations with their tax cuts. It's all borrowed money. Guess who gets to pay it back. YOU MOTHERFUCKER!!

DEMwits have been strangely silent about these 'tax breaks for the rich.'

Virginia will have to give Amazon a heads-up—and two days to respond—to any request of public records about the company, according to the memorandum of understanding between the two parties.

> The republicans gave 1.5 trillion to corporations with their tax
cuts. It's all borrowed money. Guess who gets to pay it back. YOU MOTHERFUCKER!!


A tax break is allowing someone to keep money they have earned instead of paying the government. It is not "borrowed money". Money is borrowed by the govt to spend more than they take in.

Taxing the public to pay a billionnaire "cash grants" is taking money from people who have earned it to give it to another. Not the same thing at all. Ps how much money will be borrowed by the public for the hundreds of millions in infrastructure "investment" promised to bezos?

Old Republican voters are a scourge. If we go bankrupt you know who to eat.

Personal insults are not a good substitute for rational argument.

9-27-2017

While discussing the state of the Virginia governor’s race later in the show, McAuliffe used the Amazon project to argue that voters should keep the Executive Mansion in Democratic hands by electing Lt. Gov. Ralph Northam. Without a Democratic governor in place to veto Republican-passed legislation on social issues, including bills to steer state money away from Planned Parenthood, Amazon will look elsewhere, McAuliffe said.

“They’re going to put up defund Planned Parenthood,” McAuliffe said, referring to the GOP-controlled General Assembly. “I can promise you this — (Republican) Ed Gillespie has already said he’ll sign it — Amazon will not come to the commonwealth of Virginia.”

“This is a big money-maker for us — costs us nothing, nada, niente,” claimed Cuomo during a press conference. “We make money doing this.”



....but who is "we"?

And this cash doesnt include our delivering the packages for amazon.

Usps losses triple to $4 billion as number of packages up....

https://www.reuters.com/article/us-usa-postal-service-results/u-s-postal-service-loss-triples-even-as-package-deliveries-rise-idUSKCN1NJ2HS

Amazon avoids paying federal taxes using a variety of tax credits and tax exemptions that are legal and built into the U.S. federal tax code. Some of these can include the research and development tax credit which allows them to deduct some of the costs of new investments and also a big one for this past year was the ability to deduct stock-based compensation of executives.

Amazon's profits in 2017 were about $3 billion and it paid almost no federal taxes.

December 2016: obama signs ndaa funding propaganda (aka fake news) against us citizens. Bezos aka wapo in bed with D politicians.

https://www.naturalnews.com/2018-05-24-amazon-now-powering-facial-recognition-surveillance-technology-for-police.html

Amazon has recently decided to market a powerful face recognition tool called “Rekognition” to police. This technology would help law enforcement identify and track individuals at their convenience, even if those individuals are not involved in crimes.



The new Amerika!

Amerikan oligarch?

https://www.washingtonpost.com/business/2018/09/05/bernie-sanders-introduces-stop-bezos-act-senate/?utm_term=.63f4efec3ea6

Sept 5: Sen. Bernie Sanders (I-Vt.) on Wednesday introduced a Senate bill — the "Stop BEZOS Act" — that would require large employers such as Amazon.com and Walmart to pay the government for food stamps, public housing, Medicaid and other federal assistance received by their workers.




Of course thats wrong headed because the just wont hire those people, making things worse. How about just not handing them billions of other people's dollars? Quit with crony capitalism dummies!

Democrats tax public cash given to billionaire

(they are also going to tax the money - in addition to interest. you'll see.)

it WAS / IS the commonwealth law in VA that a business causing need of (a turn land, a water connection, etc)

HAD TO PAY FOR IT OUT OF BUSINESS FUNDS

IT SUPPOSED TO BE BUSINESS PAYS THE COUNTY BECAUSE COUNTY GETS COST OF INSTALLING WATER POWER GAS ROADS AND MORE

(they might get a break on need for a highway and not pay for that)

maybe he'll start an "east coast breitbart" and close WP and all that paper waste

what are the chances?

i just found out FCPC, to comply with VRC, has to order building materials only available on Amazon

i knew this would happen!

even before it happened!

Smith family has been on the public dole for 50 years. Original funding was federal money for low rent housing. Then big federal office lease contracts, i recall feds paying for tons of empty offices in the 90s. Heres a headline from the 2000s

A federal watchdog agency has ordered the Department of Defense to stop paying a $90 million tab for office space leased from Vornado/Charles E. Smith because of an unauthorized contract.
https://www.bizjournals.com/washington/stories/2007/09/03/story5.html

interesting - how many TRILLION did the corporate tax cut and cut on the wealthy cost?

satans synagogue fake jews doing what they do

Kyntj Wrote:
-------------------------------------------------------
> Smith family has been on the public dole for 50
> years. Original funding was federal money for low
> rent housing. Then big federal office lease
> contracts, i recall feds paying for tons of empty
> offices in the 90s. Heres a headline from the
> 2000s
>
> A federal watchdog agency has ordered the
> Department of Defense to stop paying a $90 million
> tab for office space leased from Vornado/Charles
> E. Smith because of an unauthorized contract.
> https://www.bizjournals.com/washington/stories/200
> 7/09/03/story5.html

Please stay on topic - we are focusing on Hillary's emails. Even the Republicans wouldnt talk about their disastrous tax give-away in the midterms. Everyone knows exactly what it is. Permanent give-away to corporations and the rich.

Bezos better at avoiding taxes than Trump

https://www.marketwatch.com/story/trump-is-jealous-that-amazons-bezos-is-better-at-avoiding-taxes-2018-04-04

Isnt that wonderful!? Race to the bottom. Who can be more rude, steal more? does bezos or trump have the best tax attny?

How about if the focus is where it belongs? How 'bout my representatives dont sell me down the river? How about they support tax laws that require wealthy people to pay taxes too instead of paying billionaires with my hard-earned money?

And dont give me marginal income tax rate BS. It does not apply.