AlainLocke
Banned
This is sad as fukk.
This City Hall, brought to you by Amazon
Chicago has offered to let Amazon pocket $1.32 billion in income taxes paid by its own workers. This is truly perverse. Called a personal income-tax diversion, the workers must still pay the full taxes, but instead of the state getting the money to use for schools, roads or whatever, Amazon would get to keep it all instead.
“The result is that workers are, in effect, paying taxes to their boss,” says a report on the practice from Good Jobs First, a think tank critical of many corporate subsidies.
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Even better, city employees might even work for Amazon...so YOU pay for Amazon employees, not Amazon.
Some are small. Boston has offered to set up an “Amazon Task Force” of city employees working on the company’s behalf. These would include a workforce coordinator, to help with Amazon’s employment needs, as well as a community- relations official to smooth over Amazon conflicts throughout Boston.
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Or about, Amazon gets to decide what to do with their own taxes...to benefit Amazon...
But the most far-reaching offer is from Fresno, California. That city of half a million isn’t offering any tax breaks. Instead it has a novel plan to give Amazon special authority over how the company’s taxes are spent.
Fresno promises to funnel 85 percent of all taxes and fees generated by Amazon into a special fund. That money would be overseen by a board, half made up of Amazon officers, half from the city. They’re supposed to spend the money on housing, roads and parks in and around Amazon.
When asked about it, Fresno’s economic-development director threw the public interest under the bus.
“Rather than the money disappearing into a civic black hole, Amazon would have a say on where it will go,” he told the Los Angeles Times. “Not for the fire department on the fringe of town, but to enhance their own investment in Fresno.”
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Capitalism
Job Creation
Free 2 Day Delivery
This City Hall, brought to you by Amazon
Chicago has offered to let Amazon pocket $1.32 billion in income taxes paid by its own workers. This is truly perverse. Called a personal income-tax diversion, the workers must still pay the full taxes, but instead of the state getting the money to use for schools, roads or whatever, Amazon would get to keep it all instead.
“The result is that workers are, in effect, paying taxes to their boss,” says a report on the practice from Good Jobs First, a think tank critical of many corporate subsidies.
-------
Even better, city employees might even work for Amazon...so YOU pay for Amazon employees, not Amazon.
Some are small. Boston has offered to set up an “Amazon Task Force” of city employees working on the company’s behalf. These would include a workforce coordinator, to help with Amazon’s employment needs, as well as a community- relations official to smooth over Amazon conflicts throughout Boston.
--------
Or about, Amazon gets to decide what to do with their own taxes...to benefit Amazon...
But the most far-reaching offer is from Fresno, California. That city of half a million isn’t offering any tax breaks. Instead it has a novel plan to give Amazon special authority over how the company’s taxes are spent.
Fresno promises to funnel 85 percent of all taxes and fees generated by Amazon into a special fund. That money would be overseen by a board, half made up of Amazon officers, half from the city. They’re supposed to spend the money on housing, roads and parks in and around Amazon.
When asked about it, Fresno’s economic-development director threw the public interest under the bus.
“Rather than the money disappearing into a civic black hole, Amazon would have a say on where it will go,” he told the Los Angeles Times. “Not for the fire department on the fringe of town, but to enhance their own investment in Fresno.”
------
Capitalism
Job Creation
Free 2 Day Delivery
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