Now that Amazon has decided to build its new headquarters in New York and Virginia, which collectively offered the retail giant over $2 billion in tax credits, rebates and other incentives, New York governor Andrew Cuomo has finally admitted the obvious: New York sucks for business, while Texas is gold.
More generous offers than New York’s and Virginia’s were made to Amazon; as The New York Times reports, “Maryland and New Jersey each offered multibillion-dollar incentive packages that dwarfed the ones Amazon accepted.” New York offered Amazon $1.525 billion; Maryland offered $8.5 billion; Virginia offered an incentive package worth $573 million.
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