2018-11-14 13:34:54

As Jeff Bezos Earns $191K Per Minute, Why is NY & VA Giving Amazon $3 Billion in Corporate Welfare?

Amazon has selected a pair of cities to host its new, expanded headquarters: Crystal City in Arlington, Virginia, and Long Island City in Queens, New York. Amazon’s decision came after a 14-month search that saw cities around the U.S. promise tax breaks, taxpayer-funded infrastructure and business-friendly ordinances in an effort to win what Amazon says will be $5 billion in new investment and thousands of jobs. Democratic Virginia Governor Ralph Northam called the Amazon headquarter “a big win for Virginia,” and New York City Mayor Bill de Blasio has similarly applauded Amazon’s decision. But many local politicians have openly criticized authorities in New York and Virginia for backing the deals, which will create a total of 50,000 jobs. DN! hosts a roundtable discussion about Amazon and corporate welfare. In New York, they speak with Ron Kim, member of the New York State Assembly. He recently co-wrote an opinion piece for The New York Times headlined “New York Should Say No to Amazon.” In Washington, D.C., They also speak with Greg LeRoy, executive director of Good Jobs First, a watchdog group on economic development incentives. And in Portland, Maine, they speak with Stacy Mitchell, co-director of the Institute for Local Self-Reliance. She is the author of “Big-Box Swindle: The True Cost of Mega-Retailers and the Fight for America’s Independent Businesses.”

Amazon Corporate Welfore Corporations Jeff Bezos New York Virginia Welfare

Economy

The David Pakman Show

There Are Food Lines in America in 2020

There Are Food Lines in America in 2020

The Thom Hartmann Program

These Companies Put Millions In Poverty From Low Wages

These Companies Put Millions In Poverty From Low Wages

The Thom Hartmann Program

Uber and Lyft Exploitation Of Gig Workers

Uber and Lyft Exploitation Of Gig Workers

The Thom Hartmann Program

Trump's Fake Economic Recovery

Trump's Fake Economic Recovery

Related

Democracy Now!

Mondaire Jones, One of First Two Openly Gay Black Congressmen, Backs Expanding Supreme Court

Mondaire Jones, One of First Two Openly Gay Black Congressmen, Backs Expanding Supreme Court

Rising Up With Sonali

Congressional Report Strikes At Monopoly Power Of Big Tech

Congressional Report Strikes At Monopoly Power Of Big Tech

The David Pakman Show

Trump Supporters Intimidating Voters at Early Voting

Trump Supporters Intimidating Voters at Early Voting

The Thom Hartmann Program

Are You About to Be Evicted from Your Home?

Are You About to Be Evicted from Your Home?