February 7, 2019

Amazon's New York Headquarters: Not A Done Deal After All.

Amazon's Proposed New York Headquarters.

Thought it was a done deal?  I sure did.

But guess what? It's not!  As I learned in this very interesting New York Times article yesterday.

Twitter using New York Senator Michael Gianaris is no fan of Amazon's New York plans, specifically the $3 billion in state and local incentives that Amazon will receive.  His ire toward Amazon's plan is such that he he calls the proposal Scamazon.  And much to Amazon's disdain, Mr. Gianaris has been appointed to the  Public Authorities Control Board, a little-known state board that .... guess what? ... must approve the Amazon plan.

Fascinating.  This will be some interesting politicking to follow, for sure.  Wish I could be a mouse in the corner to witness the barrage of lobbying that is most certainly going on.

About Mary Rae Fouts, EA

Mary Rae Fouts, EA provides tax, insurance consulting, and expert witness services to clients throughout the United States.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

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