Date: December 19, 2018
NYC Council Speaker: Why Does A $1 Trillion Company Need $3 Billion In Taxpayer Dollars?
Glaring needs of New Yorkers being ignored to funnel tax giveaways to Amazon
New York City Council Speaker Corey Johnson: Amazon is a $1 trillion company. Is that accurate? You’re approximately valued at a trillion dollars?
Amazon Vice President of Public Policy Brian Huseman: “I think it’s close to that, yeah.”
Corey Johnson: Close to that. So why should we give you this money?
Brian Huseman: “So these incentives, they’re performance based, which means that we will not receive any money until we create jobs and make these investments-”
Corey Johnson:“But you’re worth a trillion dollars. Why do you need our $3 billion when we have crumbling subways, crumbling public housing, people without healthcare, public schools that are overcrowding? Why do you need our $3 billion?” (The New York City Council, “Oversight – Amazon HQ2 Oversight – Stage 1: Exposing the Closed-Door Process,” 12.12.18)
To watch the full clip, click here.
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