(UPDATE): Open Markets Calls for Investigation of Amazon’s Bait-and-Switch
Bezos really pulled off a doozy of a scam with this 2nd Headquarters snipe hunt. State and local governments sold out the taxpayers. The taxpayers and small businesses. But it seems not everybody’s happy to oblige Mr. Bezos.
Open Markets Calls for Investigation of Amazon’s Bait-and-Switch
Washington, D.C. — Today, after a year-long public search, Amazon announced that it does not in fact plan to open a second headquarters, or HQ2. Instead it will simply do what other corporations do when they grow, and open satellite offices. In this case, it will open one in northern Virginia, outside Washington, DC, and one in New York City.
*
New York officials should be especially ashamed of their efforts. Amazon, notoriously, built its business to scale on the back of one of New York’s great businesses, book publishing. And today, as a monopoly in book selling, Amazon wields an iron fist over the publishers, editors, marketers, and authors who make up this vital community. “Rather than rewarding Amazon for its predatory behavior and dictatorial control over New York’s book business, New York politicians should serve their constituents – the people who actually pay their taxes – by demanding that Amazon be broken up and regulated through public action,” Lynn said.
Barry Lynn, Matt Stoller, Sandeep Vaheesan and Lina Khan of Open Markets Institute are available for comment. For interview requests please contact Carli Kientzle at carli@npstrateygroup.com.
Hopefully people are finally sick of this guy’s greed and arrogance.
This time, Amazon has gone too far: Jeff Bezos's company is profiting and taxpayers are paying the price
For the last year, public officials across America and Canada have held an embarrassing beauty contest to entice Amazon to place its so-called “second headquarters” in their region. They have done this through subsidies and benefits, and the occasional public begging spectacle, like New York Governor Andrew Cuomo musing on changing his name to Amazon Cuomo.
Tuesday, the company essentially announced that the entire contest was premised on a lie. In return for subsidies, the company is opening large satellite offices in three different regions: New York City, the Washington, D.C. Metro area, and Nashville. Such bad faith by Amazon is, as scholar Lina Khan notes, familiar to merchants who must operate on Amazon’s infrastructure. Amazon routinely offers a deal to partners, and then when it gains sufficient power, reneges on those terms.
The benefits offered to Bezos are so egregious as to be comical. In terms of cash, New York State will give Amazon $48,000 per job, plus a $505 million cash grant, as well as other concessions. In Northern Virginia, the state actually created an entirely new neighborhood for Amazon and rebranded it with new name, the generic-sounding “National Landing.” Bezos already invented a holiday, Prime day, now he invented a neighborhood to go with it.
Some of the concessions are small, but humiliating. For instance, Bezos will get a state-subsidized helipad, and Amazon will receive a cash grant of all increased money generated by Arlington’s hotel tax. It’s not called the Amazon tax, but it might as well be.
http://www.nydailynews.com/opinion/ny-oped-this-time-amazon-has-gone-too...
REMINDER:
Bernie Sanders says Amazon paid no federal income tax in 2017. He's right
https://www.politifact.com/truth-o-meter/statements/2018/may/03/bernie-s...
Amazon Inc. Paid Zero in Federal Taxes in 2017, Gets $789 Million Windfall from New Tax Law
https://itep.org/amazon-inc-paid-zero-in-federal-taxes-in-2017-gets-789-...
Opinion: Trump is right: Jeff Bezos is a genius at not paying taxes
*
In 2017, Amazon paid no federal tax on $5.6 billion in U.S. profits, according to an analysis by Matthew Gardner at the Institute on Taxation and Economic Policy. During the previous five years, Amazon paid an effective rate of 11.4% on its profits of $8.2 billion, about a third the statutory rate, Gardner said.
https://www.marketwatch.com/story/trump-is-jealous-that-amazons-bezos-is...
Amazon earned $5.6B in 2017, but paid no federal taxes
https://www.foxbusiness.com/markets/amazon-earned-5-6b-in-2017-but-paid-...
UPDATE
New York Politicians Suggest a Better Place Jeff Bezos Can Stick His New Headquarters
Long Island City—Hundreds gathered this afternoon at Gordon Triangle, smack dab in the middle of a newly proposed campus for Amazon employees. Ringed by local news crews, a coalition of local politicians led by City Council Member Jimmy Van Bramer and State Senator Michael Gianaris stated their intent to stop Bezos’s highly incentivized land grab by any means necessary.
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Beyond the astronomical subsidies being offered to Amazon in exchange for 25,000 promised jobs, the coalition—which includes City Council Member Stephen Levin, state senators Jessica Ramos and Julia Salazar, state assembly members Michael Blake, Latrice Walker and Ron Kim, and U.S. Representative-elect Alexandria Ocasio-Cortez—was broadly critical of the cloak-and-dagger tactics Amazon used to secure the deal, which Governor Andrew Cuomo and Mayor Bill de Blasio have attempted to paint as a boon to the city.
Many fail to see any silver lining to the handout. Yesterday, City Council Speaker Corey Johnson said in a statement he was “very concerned” that the process happened “behind closed doors, with zero community input.”
“This has been entirely in the dark,” Levin told the crowd. “I have a land use hearing tomorrow about a sidewalk cafe on Manhattan Avenue. There has been more public review of a sidewalk cafe than a $2 billion or $3 billion deal to bring Amazon here.”
*
Widespread backlash to the plan had many wondering exactly who would benefit from what at first blush looks like a massive corporate handout. In a press conference yesterday, Cuomo stated that the subsidies are projected to bring a “9 to 1” return on investment. As Gianaris bluntly informed the crowd and assorted media outlets, “don’t be fooled by the magic numbers going around—this is a bunch of bull.”
“I’ve seen lots of projections, I’ve seen lots of numbers. I’ve also seen a helipad delivered to Jeff Bezos when people in Queensbridge don’t have heat today,” Van Bramer told Gizmodo, referring to the city’s offer to “secure” helicopter access to Amazon. “There’s just no telling us that this is the right thing being done for the right reasons.”
https://gizmodo.com/new-york-politicians-suggest-a-better-place-jeff-bez...
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Comments
I wonder when way too much money is anywhere near
almost enough money for the likes of Bezos and the Waltons.
When they're dead.
Regardless of the path in life I chose, I realize it's always forward, never straight.
Maybe. After all, there will be all those bequests in the
will to satisfy and all those trusts to fund. And they won't be around to keep the money rolling in. I don't know about right now, but, as of a few years ago, the John D. and William Rockefeller trusts were still benefiting the heirs--although, IIRC, people who are around 40 or 50 now will will be the last generation.
So, post-death may be the most financially-anxious time for them.
This would create the Anxious Dead
LOL!
@Alligator Ed LMAO
"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha
"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver
To misquote Lord Acton...
Wealth tends to corrupt, and absolute wealth corrupts absolutely.
Bezos at this point must be a very odd individual. Living in his own 'Glorious' world no doubt.
Gëzuar!!
from a reasonably stable genius.
Perhaps going insane like Elon Musk.
Drunk on power and self-adulation.
I've seen lots of changes. What doesn't change is people. Same old hairless apes.
Wealth and power tend to go hand in hand.
"Amazon" Cuomo?
I missed that stunt.
What a whore.
An insult to sex workers.
The women that I would see on 6th avenue near 43rd(?) were much more honest than Cuomo and undoubtedly harder working.
(Think I got the corner right. it's been decades since I was last in NYC. Anyway, near Times Square and their profession was obvious.)
P.S. not objecting to the word, just the tribute to Coumo.
I've seen lots of changes. What doesn't change is people. Same old hairless apes.
We've run out of epithets
"Obama promised transparency, but Assange is the one who brought it."
Unfortunately true
I've seen lots of changes. What doesn't change is people. Same old hairless apes.
@The Voice In the Wilderness Agreed about the whores
"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha
"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver
public funded welfare for the richest man on the planet..
The states that lose are the biggest winners.
"Religion is what keeps the poor from murdering the rich."--Napoleon
The richest man on the planet makes $141,000/minute
$141,000 per minute! Or over $246 million a day. And Coumo thinks that it's okay to give Bezos' company a f'cking tax break and subsidize a helipad which Jeff could pay for in less than two days.
Meanwhile, Bezos threatens to take his company out of Seattle if they made him help pay for the homeless programs. Seattle should have called his bluff or threatened him back with taking away his tax breaks. As many of you know Bezos doesn't just sell people stuff. He's involved with the pentagon and working on facial recognition programs. Plus his Alexa devices spy on people who willingly buy them. I'm okay getting up to turn my lights, heat and other things on myself. I don't need Alexa to do it for me. Gawd I hope that Bezos is told to take a walk. Long one on a short pier.
Scientists are concerned that conspiracy theories may die out if they keep coming true at the current alarming rate.
I've got an Alexa Firestick
I keep it powered off when not in use and it is firewalled from my computers.
I've seen lots of changes. What doesn't change is people. Same old hairless apes.
Isn't that fire stick for your TV and you can talk to it
and find your movie or show? I'm have the fire Tv and never use that. Never thought that it could record me, but then the only thing it'd hear is, "not now. Wanna eat? Not yet. Go outside. In a minute. Wanna miikbone? No. we will go in a minute."
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The Alexa device is different. I think.
Scientists are concerned that conspiracy theories may die out if they keep coming true at the current alarming rate.
Yes, it also runs Pandora
So I can just press the mike and say "Alexa: Play white Rabbit" and it switches to Pandora and says "Playing White Rabbit from Pandora". It does beat wading through the menus. I used to program embedded devices so I know it can be listening even if you don't press the mike key which just sends an interrupt to the CPU which could be listening and transmitting all along. I wish they just sold the device with open source code and a programming interface. Corporations no longer want to make a product and sell it for a profit. They want their customers to be cattle that they own and milk.
I've seen lots of changes. What doesn't change is people. Same old hairless apes.
He Makes, Personally, in One Month as Much as Amazon's Yearly
profits. Give the man a haircut and break up his monopoly and monopsony.
A bunch of mini-Amazons could be "highly disruptive". That's a good thing, right?
“Tactics without strategy is the noise before defeat.” ~ Sun Tzu
@k9disc Isn't it interesting
Should be our new fucking national anthem.
"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha
"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver
We have friends who were gifted an Alexa.
I was over there recently, having a conversation with one of them, and out of nowhere the freaking thing says, "I'm sorry; I didn't get that." I said, "I wasn't talking to you, b*tch!"
I mean, really. I understand when you preface something with "Alexa: [do this or that]," but if that wasn't hard evidence that "she" spies on us, I don't know what is.
(Can you tell by my tone how much I despise Bezos and Amazon and Alexa? *lol*).
This really happened?
What did your friend say about it after it did? Just read about how the police want to get access to someone's Alexa because they think that it overheard a murder.
"Alexa. How many years will I get if I kill this SOB?"
Unfuckingbelievable that people are putting these devices in their homes. Oh well I guess if people say that they have nothing to hide then they don't actually need the protection that their rights give them. No wonder it was so easy for the government to take them away. Grrr!
Scientists are concerned that conspiracy theories may die out if they keep coming true at the current alarming rate.
It did.
P.S.
(Typo).
Thank you
I commented on a kos kid's tweet about why Nancy should be the speaker and I was called a Russian bot. I said that doing this is childish and just a way to shut down the conversation because you can't defend her on her merits. As I said in gjohnsit's essay the pies are flying over on ToP over whether Nancy should remain speaker. The 'Bernie bros' are hammering Nancy over her centrist views.
Oh yeah. Russia is on Twitter and posting tweets against Pelosi staying speaker. Us dang Russian bots are everywhere darling.
Here's hoping that the Xmas ghosts will visit Jeffrey soon and show him the error of his ways.
Scientists are concerned that conspiracy theories may die out if they keep coming true at the current alarming rate.
Or take his greedy ass ‘home’with them.
I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks
Politics is the entertainment branch of industry. - Frank Zappa
I know someone who has an Alexa
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
My friend who had a stroke
Only a fool lets someone else tell him who his enemy is. Assata Shakur
FWIW, local state senator and city council member issue scathing
joint statement on this ludicrous corporate hijacking ransom.
Long Island City is right next to me in Queens. It has become one of the most loathsome places around, like an urban-style gated community of high-rise luxury living, occupied by yuppie, transient, international office workers taking paychecks from the financial speculators and their associated enterprises, and never having to leave their little, safe and plastic world at the riverside.
I don't know if these pols are doing anything more than getting a little publicity in a attempt to get some prog credentials (Van Bremer has signed off on other corporate stuff in the past, though of course a social lib).
Haven't looked into this at all, though we talked about it in passing last night on the couch here. Cuomo to me is the ultimate Neoliberal Nightmare scumbag, so I'm pretty sure something nefarious is being cooked up or is fait accompli.
Ocasio chimed in with similar sentiments to the two above.
Unregulated capitalism (the Free Market," one of the greatest lies perpetrated by the RW) only ends one way - in Monopoly.
The phony and bogus "fiscal conservatives" have to be forced to cop to this ruse.
Gotta break up the banks, and these global conglomerates, if we're going to be anything other than serfs in a feudalistic world.
"If I should ever die, God forbid, let this be my epitaph:
THE ONLY PROOF HE NEEDED
FOR THE EXISTENCE OF GOD
WAS MUSIC"
- Kurt Vonnegut
From a planner's perspective
We planners constantly fought with our elected officials over this concept. When developers wave a bunch of money in the faces of public officials, it is often game over for the residents in the affected areas. In a way, this is reminiscent of Urban Renewal which devastated many inner city communities and displaced mostly poor and often people of color.
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
"If we have $1.7b for Amazon,we can forgive NY student loan debt
David Sirota, "Will New York Fund Amazon Subsidies or Student Debt Relief?
New York Gov. Andrew Cuomo made headlines begging Amazon to site its second headquarters in the state. Now, however, prominent Democrats in the state Senate and Assembly have slammed the idea of offering taxpayer subsidies to the retail giant.
And more about the student loan crisis (not anywhere to be found among the pathetic empty platitudes muttered by the Neoliberal set):
Forgot this too. Like the Occupy language used in the aforementioned joint statement by locals Van Bremer and Gianaris:
Fucking Cuomo is the poster boy for Neoliberal corporate whore. That pathetic statement is exactly who the people are who run the modern Democratic Party of Clinton/Obama. Expedient, soul-dead lapdogs of the Wealthy.
And in the end if this goes through Amazon Andy will be rewarded some years from now when nobody is paying attention anymore. Quid pro quo. Bribery.
American governance is pure bribery, plain and simple.
A facade; that's all this whole governing/democracy/freedom thing is.
Taibbi's piece, "Amazon’s Long Game Is Clearer Than Ever
Why bother with these middling steps in between? Let’s just fast-forward to the inevitable Amazon-led oligarchy"
"If I should ever die, God forbid, let this be my epitaph:
THE ONLY PROOF HE NEEDED
FOR THE EXISTENCE OF GOD
WAS MUSIC"
- Kurt Vonnegut
its all pretty comparable to the Foxconn deal
in Wisconsin.
The earth is a multibillion-year-old sphere.
The Nazis killed millions of Jews.
On 9/11/01 a Boeing 757 (AA77) flew into the Pentagon.
AGCC is happening.
If you cannot accept these facts, I cannot fake an interest in any of your opinions.
From a link in your article
HQ2 in the D.C. area could help Amazon snag a $10 billion Pentagon contract
Taibbi said that the deal was setup with just one company in mind to get it. Amazon. Gee. What a surprise that the Washington Post thinks the deal is good news. How many fingers does Bezos have in our government projects? This should not be allowed to happen, but I doubt congress is interested in doing anything about it. Bezos has made close to $90 billion this year alone. This is how much the next person on the billionaire list has.
Nope. When hundreds of thousands of people are homeless and others are on the brink of becoming homeless no one person should be allowed to have this much money and not paying taxes on it.
Scientists are concerned that conspiracy theories may die out if they keep coming true at the current alarming rate.
Even with Eisenhower Era 90% tax bracket -
that would leave him with $9 BILLION dollars per YEAR after paying $81 billion in income tax.
How greedy can you get? Restoring Eisenhower Era tax rates would balance the budget and kill talk of Social security/Medicare "reform".
I've seen lots of changes. What doesn't change is people. Same old hairless apes.
This is my question too
Just how much money does one really need to have before they are happy, secure or content? Bezos will never come close to spending his money, but he sure could end a lot of suffering. Instead he's continuing to cause more. The Eisenhower tax rates is a good point to start with, but even the ones that were in place before Reagan's cuts would work.
Scientists are concerned that conspiracy theories may die out if they keep coming true at the current alarming rate.
The Kennedy rates, OK
I'd like to see 10 year income averaging back too. I'd pull the money out of my 401K rollover IRA and pay of the mortgage. Instead I'll dribble it out over 5 years and the bankers can have five last pounds of flesh.
I've seen lots of changes. What doesn't change is people. Same old hairless apes.
The Ike Hike. American Oligarchs Should Pay Taxes, Lots of Them
The Ike Hike and "What the Market will bear".
"Raise taxes on American Oligarchs because it is the right thing to do. Bezos, at 90%, would still take home $9B per year."
Corporate doesn't pass taxes on to the consumer, as that would mean that the market could bear more. This idea of passing on costs to the consumer is nonsense. Corporations already charge what the market will bear; meaning they charge us everything that we can bear already
Passing costs on to the consumer is corporate propaganda.
America belongs to us, the citizen, not to the Oligarchs. Time for the Ike Hike.
repeat1
“Tactics without strategy is the noise before defeat.” ~ Sun Tzu
Illinois created a new school district for Sears HQ
A most peculiar district that had no residential areas, hence no children, hence no schools, hence no school taxes. I'm aware of this because the new district was carved out of my district. Illinois relies exclusively on local property taxes for school funding. The legislature usually gives bennies to Chicago and U-46 (mine), the two largest in Illinois, but that is by no means assured. Sears' bribe came right out of my pocket.
I've seen lots of changes. What doesn't change is people. Same old hairless apes.
Matt Stoller one of the real talents in Open Mkts Institute
It was in the New America Institute (I think that was the place) but by having coroportions as their target, they were run out and set up their own shop.
They are fighting monopolies which have taken over more and more of our economy, which means, more and more of our country and in continue to deny citizens the voice to change the monopolies by reducing political control.
They had a project, FaceBookBreakup , which shows why they are a target, and it may still be going on,
Glenn Greenwald re -tweeted Matt Stoller
@matthewstoller
Follow Follow @matthewstoller
More Matt Stoller Retweeted Matt Stoller
I'm really tired of the weaponization of our Jewish ethnicity by plutocrats. Sheryl Sandberg would resign in shame if she had any. And heads at the ADL should roll. This is not ok.Matt Stoller added,
@matthewstoller
Follow Follow @matthewstoller
Facebook is an impressive company. They both went after our coalition group @FacebookBreakup as Soros-funded AND worked with the Anti-Defamation League to accuse us of anti-semitism.
**88
Then Matt links to a NYT Article
Delay, Deny and Deflect: How Facebook’s Leaders Fought Through Crisis
https://www.nytimes.com/2018/11/14/technology/facebook-data-russia-elect...
@DonMidwest I'm always happy to see
Last time I saw him was at the opening of "The Internet's Own Boy," a good movie with a somewhat (IMO) unfortunate title.
"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha
"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver
Bill Clinton's factory in Haiti was supposed to employ thousands
Lots and lots of thousands of people would work at the factory that was built on farmlands that people had to give up for it. Has there ever been a deal made that matches up with its promises? Seems more like it's always been the people who would be making tons of money that get the better deal.
Scientists are concerned that conspiracy theories may die out if they keep coming true at the current alarming rate.
This has left a mark. But how long will we pay attention?
I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks
Politics is the entertainment branch of industry. - Frank Zappa
Shout out to you!
Do I hear the sound of guillotines being constructed?
“Those who make peaceful revolution impossible will make violent revolution inevitable." ~ President John F. Kennedy
Thanks. In many cases they write themselves
I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks
Politics is the entertainment branch of industry. - Frank Zappa
Somebody is going to hold Bezos accountable?
Good on 'em. I hope they have a solid and trustworthy security team.
"More for Gore or the son of a drug lord--None of the above, fuck it, cut the cord."
--Zack de la Rocha
"I tell you I'll have nothing to do with the place...The roof of that hall is made of bones."
-- Fiver