Alexandria Ocasio-Cortez will pay every staffer a living wage, ending the longstanding practice of Congressional staffers taking second jobs

[HMSGoose]

@anon8992913

For example, many of the new Amazon jobs would have gone to people relocating to the city.

And displacing current residents, yes a common complaint against the move. If your plan for improving a city is to import white collar workers to displace locals, all you’ve accomplished is…making it a different city.

@anon8992913

Property tax revenue would have been another $20 million per year-- JUST on the Amazon campus.

Then there’s the city’s nearly 6% hotel occupancy tax. According to company data, Amazon employees and guests accounted for 330,000 hotel room-nights in the Seattle area in 2017.

Is there any evidence that without Amazon, these rooms or properties would have been vacant? Property and hotels are extremely hot in NYC, not really worried. And not going to shed a tear for NYC real estate agents and hoteliers. Corcoran seems to be doing just fine.

@anon8992913

BUT state and local tax laws are different than federal laws. And tax breaks that can reduce a company’s federal bill don’t always apply at the state and local levels.

I’m genuinely confused by this. Why would a city government have the authority to reduce a company’s federal tax burden?

@anon8992913

The company itself estimated that they would generate an average $500 million

Oh the company themselves?! and geez, they don’t have any reason to fudge the numbers, right?

In summary, the same bullshit pitch that EVERY sports stadium ever gave, that always ends in heartbreak and confusion when the benefits fail to materialize.