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Cities Should Stop Playing Amazon’s Game & Quit Offering Corporate Tax Incentives

New York City should count its blessings. Amazon’s decision to walk away from its plan to build a new headquarters in Queens stunned city and state officials, who had promised US$3 billion in incentives in exchange for some 25,000 jobs. They had never questioned whether the promised jobs and economic stimulus would actually appear. I have reviewed much evidence on the effectiveness of tax and other incentives. My conclusion: Incentives just don’t work.

Amazon Won’t Pay A Dime In Federal Taxes This Year

Amazon won’t pay a dime in federal taxes this year—just as it didn’t pay a dime in federal taxes the year before. According to a new report from the Institute on Taxation and Economic Policy (ITEP), which examined Amazon’s public filings, the online retailer reported a $129 million federal income tax rebate for 2018—good for a tax rate of negative 1 percent, or 22 percent below the federal corporate income tax rate. Amazon’s profits this year were $11.2 billion versus $5.6 billion in 2017. As of last September, the company was valued at over $1 trillion.

Amazon’s Decision To Pull Out Of NYC Is A Massive Blow To Corporate Welfare

Amazon announced Thursday the company has canceled its bid to acquire nearly $3 billion in public dollars to locate a facility in New York City—the most substantial setback for corporate welfare in recent memory.  Significantly, Amazon states in its announcement of the decision that it will continue to expand its workforce in the New York City area, up from the 5,000 workers the company already employs in Brooklyn, Manhattan and Staten Island. In other words, Amazon still plans to maintain a headquarters-sized presence in New York, the nation’s financial and economic hub. It just couldn’t win the political battle to obtain billions of dollars in subsidies from it.

Feeling Unwelcome, Amazon Ditches Plans For New York Hub

NEW YORK (Reuters) - Amazon.com Inc abruptly scrapped plans to build a major outpost in New York that could have created 25,000 jobs, blaming opposition from local leaders upset by the nearly $3 billion in incentives promised by state and city politicians. The company said on Thursday it did not see consistently “positive, collaborative” relationships with state and local officials. Opponents of the project feared congestion and higher rents in the Long Island City neighborhood of Queens, and objected to handing billions in incentives to a company run by Jeff Bezos, the world’s richest man.

Protests Push Amazon To Explore Alternatives To New York Office

The online retailer has not yet acquired any land for the project, which would make it easy to scrap its plans, the source said. The Washington Post reported the story earlier on Friday. The person briefed on the matter said that Amazon was still working toward winning approval from New York officials and had not given up on the proposal, but was considering potential alternatives to New York. Earlier, the Post, which is owned by Amazon Chief Executive Jeff Bezos, reported that Amazon executives had had internal discussions to reassess the situation in New York and explore alternatives. It cited two unnamed people familiar with the retailer’s thinking.

Time For A Maximum Income: Jeff Bezos Has Enough

For Republican members of Congress and cable news pundits, a cap on the earnings of the super rich might sound like a dystopian nightmare. Yet, as author Sam Pizzigati argues in his new book, The Case for a Maximum Wage, those who are not ardent free marketeers should give the idea some serious consideration—not only as a desirable policy, but also one that might be more practical than some imagine.

“Alexa, Drop A Bomb”: Amazon Wants In On US Warfare

Amazon is seeking to build a global “brain” for the Pentagon called JEDI, a weapon of unprecedented surveillance and killing power, a profoundly aggressive weapon that should not be allowed to be created. Founded in 1994 as an online book seller, Amazon is now the world’s largest online retailer, with more than 300 million customers worldwide, and net sales of $178 billion in 2017. Amazon has built a vast, globally distributed data storage capacity and sophisticated artificial intelligence programs to propel its retail business that it hopes to use to win a $10 billion Pentagon contract to create the aforementioned “brain” that goes by the project name Joint Enterprise Defense Infrastructure, a moniker obviously concocted to yield the Star Wars acronym — JEDI.

New Yorkers Confront Amazon Execs At City Council Meeting

After being kept in the dark about New York's $3 billion deal with Amazon, allowing the trillion-dollar corporation to build its new headquarters—complete with helicopter landing pad for CEO Jeff Bezos—in the Queens neighborhood of Long Island City, concerned New York City Council members and scores of angry New Yorkers on Wednesday angrily confronted company representatives over the plan. At the first City Council meeting on Amazon's so-called "HQ2," about 150 protesters joined the mostly-Democratic lawmakers in slamming the closed-door process through which the city and state finalized the deal and the effect the corporation's arrival will likely have on affordable housing and community development in Queens and the entire city, as New York pours much-needed funds into the new one million square foot campus.

Losing Amazon

Last week, the cities still in the running for Amazon’s HQ2 officially found out the bad news: despite months of effort and billions of dollars in subsidies assembled, they will not be the new home for Amazon’s much ballyhooed second corporate headquarters, now split between two expansions in New York and Arlington, Virginia. This is, of course, how the game was going to go. The corporate attraction strategy behind these failed bids is premised on scarcity: in the end, it’s a zero-sum competition between cities. As the indefatigable researchers at Good Jobs First have amply demonstrated, this competition often turns into a race to the bottom, leading to questionable value for ordinary city residents as subsidies are lavished to bring the next big thing to town.

Amazon Workers Strike In Germany, Spain, Italy And The UK

Amazon workers in Germany, Spain, Italy and the U.K. walked off the job on Black Friday, mixing labor unrest with the start of the biggest shopping season of the year. Close to 90 percent of the workers — some 1,600 employees, according to Business Insider — participated in the walkout at Spain’s largest Amazon warehouse in San Fernando de Henares near Madrid, and will continue to strike Saturday

Amazon’s Billion-Dollar Shakedown Of America’s Cities

If one required reminding of the Democratic Party’s complete capitulation to corporate interests, to say nothing of the country’s as a whole, he or she need only have listened to New York City Mayor Bill de Blasio’s address on Tuesday. “One of the biggest companies on earth next to the biggest public housing development in the United States,” he told reporters during a joint press conference with Gov. Andrew Cuomo. “The synergy is going to be extraordinary.” The company in question is Amazon, which confirmed earlier that morning that Long Island City, Queens, will become the site of its second headquarters (a third headquarters will be located in northern Virginia).

What Can Be Done To Stop Amazon From Devouring Everything?

There are many, many reasons to want to avoid making purchases from Amazon. The company is owned by an anti-union zealot, is largely responsible for the death of brick and mortar stores by selling products at a loss to undercut them, abuses its white-collar employees while outsourcing its blue-collar ones to unaccountable subcontractors, evades collecting sales taxes on its third-party vendors, and has built unprecedented secret databases on you and your shopping habits. (It’s unclear as yet how much Amazon’s just-announced $15-an-hour minimum wage will ease the pain of toiling in its warehouses.) And that's without even getting into Bezos's attempts to extort several billion dollars in taxpayer subsidies from whichever city he picks to host his new second headquarters...

Amazon IS The Government, No Press For Nobel Winner & Post-Hurricane Updates

Amazon gets cozy with the CIA, DHS and ICE – here's what the Silicon Valley beast has to gain and to offer in this growing Orwellian nightmare we call the US of A. Next up, the Nobel Peace Prize winner you didn't hear about and why – hint: Uncle Sam and white so-called feminism don't like talking about genocide. Finally, Dezeray Lyn joins the show again – this time to talk about the situation on the ground in both North Carolina and Florida after first hurricanes then the government battered and beat the residents.

WikiLeaks Releases A Detailed List Of All Amazon Web Services Data Centers Ahead Of DoD Decision

WikiLeaks has published an alleged “highly confidential” document outlining the addresses and operational details of Amazon Web Services (AWS) data centers called Amazon Atlas. The international whistleblowing organization claims to have published the document as an attempt to shed light on the “largely hidden” locations of cloud-based servers. “While one of the benefits of the cloud is the potential to increase reliability through geographic distribution of computing resources, cloud infrastructure is remarkably centralized in terms of legal control,” WikiLeaks wrote in a statement. “Until now, this cloud infrastructure controlled by Amazon was largely hidden, with only the general geographic regions of the data centers publicized.”

Amazon Must Address Safety Concerns, Says National COSH

BOSTON – Amazon, the retail giant which announced this week an across-the-board wage increase to $15 an hour for all employees, must also pay “urgent attention” to workplace safety issues, says the National Council for Occupational Safety and Health (National COSH). “Amazon workers desperately need a real pay increase,” said Marcy Goldstein Gelb, co-executive director of National COSH, nationwide training and advocacy organization for workers and families. “But a pay increase is worth a lot more if you come home in one piece at the end of your shift.” In April 2018, Amazon was identified as a “Dirty Dozen” company in a widely-cited National COSH report, which documented seven deaths at the company’s warehouses since 2013.
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