Democrat Alexandria Ocasio-Cortez said that Amazon was likely to build a new headquarters in New York City following a fierce setback over the alleged tax credits they would receive.

The 29-year-old Ocasio-Cortez had been a strong opponent of the plans. He mentioned the rent increases and local crowding around Seattle technology company headquarters as a reason why the city should reject the proposal.

Following a local opposition litigation, Amazon is now considering rethinking its plans to open a new headquarters in Queens, potentially endangering 25,000 new jobs in the city.

Ocasio-Cortez responded and tweeted: "Can everyday people unite and effectively organize themselves against the creeping range of one of the largest corporations in the world?" Yes, they can. & # 39;

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Elected Congresswoman Alexandria Ocasio-Cortez, a self-proclaimed Democratic socialist whose district is located near Long Island City, voted to refuse the deal to bring an Amazon campus to Queens

In a tweet on Friday, the US commissioner urged the "everyday man" to defend himself against Amazon's plans

The online retailer has not yet purchased or leased land for the multi-billion dollar project, which could easily pull the plans back, an anonymous source told The Washington Post.

According to the source, Amazon managers recently had internal discussions to review the situation in New York and explore alternative locations.

The reported change in heart coincided with Amazon's share prices on Friday of around 2.4 percent.

In November, the company, owned by Jeff Bezos, announced that it would branch from its Seattle home base, revealing New York City and Arlington as the lucky bidders of its 50,000 combined work plan.

The retailer said he intended to spend five billion dollars on the two new developments, and hoped to receive more than $ 2 billion in tax credits and incentives.

At that time, New York governor Andrew Cuomo praised the announcement as an economic triumph, but critics chased the state for giving too many subsidies to endorse the deal.

These November photos of Long Island City show the area that Amazon wanted to take over for its New York headquarters

These November photos of Long Island City show the area that Amazon wanted to take over for its New York headquarters

These November photos of Long Island City show the area that Amazon wanted to take over for its New York headquarters

Amazon has mailed flyers to the residents of Queens to announce the economic and employment benefits of its expansion in New York to intercept the opposition.

Senator Michael Gianaris, President of Queens, has been appointed to a panel charged with approving the new Amazon campus and has the authority to block the plan.

Last week, City Council members challenged Amazon company executives for the second time in a public hearing in which activists mocked and spent the mockery of anti-Amazon posters.

Cuomo cursed Gianaris and other members of the New York Senate for their shortsighted assessment of Amazon's potential impact on the district and beyond.

"For the state senate to oppose Amazon was a malpractice. And if they stop Amazon from coming to New York, they'll have to have the citizens of New York State to explain it, "he said.

"I have never experienced a more absurd situation in which political and obvious rottenness defeats an economic development project.

"We've motivated Amazon to come because we're going to inspire any big business. You know what the incentive package was? We have $ 27 billion in revenue, $ 3 billion back.

"I would do that all day."

Amazon announced after a yearlong search that it would divide its "HQ2" between Arlington, Virginia, outside the US capital, and the Long Island City district in New York's Queens district (above).

Amazon announced after a yearlong search that it would divide its "HQ2" between Arlington, Virginia, outside the US capital, and the Long Island City district in New York's Queens district (above).

Amazon announced after a yearlong search that it would divide its "HQ2" between Arlington, Virginia, outside the US capital, and the Long Island City district in New York's Queens district (above).

A protester holds a sign at a rally to protest Amazon's new location workplace in Long Island City, Queens

A protester holds a sign at a rally to protest Amazon's new location workplace in Long Island City, Queens

A protester holds a sign at a rally to protest Amazon's new location workplace in Long Island City, Queens

The social media message followed their earlier comments from the time when the proposal was originally presented.

"Amazon is a billionaire company," she wrote in November. "The idea that it will receive hundreds of millions of dollars in tax credits at a time when our metro is collapsing and our communities need MORE investment, not less, is extremely worrying to local residents."

The following month, city council spokesman Corey Johnson repeated the feelings of Ocasio-Cortez.

"We have a crumbling subway system, record homelessness, crippling public housing, overcrowded schools, sick people without health insurance and an escalating affordable crisis," he said.

"Anyone ask if we should give the richest company in the world almost three billion dollars in public funds?"

The alleged leak may have been considered a trick by the e-commerce giants to negotiate more favorable terms at the eleventh hour.

The world's largest online retailer plans to spend $ 5 billion on two new developments in Long Island City, Queens and Arlington, Virginia, and expects to receive more than $ 2 billion in tax credits and incentives

The world's largest online retailer plans to spend $ 5 billion on two new developments in Long Island City, Queens and Arlington, Virginia, and expects to receive more than $ 2 billion in tax credits and incentives

The world's largest online retailer plans to spend $ 5 billion on two new developments in Long Island City, Queens and Arlington, Virginia, and expects to receive more than $ 2 billion in tax credits and incentives

But in a statement to CNN, Amazon denied that they had considered revoking the HQ2 plans.

"We focus on working with our new neighbors – small businesses, educators and community leaders.

"Whether building a local workforce pipeline through staff training or funding computer science courses for thousands of New York City students, we are working hard to show our neighbors."

According to the New York Times, Amazon executives fear the uncertainty surrounding Senate plans as they have already made significant investments in both time and money.

However, they have not prepared contingency plans for a potential plan if their proposal is suddenly blocked.

The split second, named by Amazon HQ2, drew 238 offers from across North America in a year-long tendering war, which gave the company wide publicity.

Amazon ended the rage by dividing the loot between the two most powerful cities in the US East Coast and offering a consolation prize for a 5,000-person center in Nashville, Tennessee.

Amazon was met with rejection and resistance. This photo is from a January protest

Amazon was met with rejection and resistance. This photo is from a January protest

Amazon was met with rejection and resistance. This photo is from a January protest

At the beginning of its search last year, Amazon said it was looking for a business-friendly environment.

Buried in the 32-page proposal was also a controversial clause that allowed the company to build a helipad that has been banned in the city since 9/11.

According to Slate, the Amazon agreement with New York requires that the company pay no funds into the city's battered subway system.

However, it includes a clause making "payments instead of property taxes", of which at least half will be invested in the "infrastructure fund" overseen by the New York City Economic Development Corporation.

The fund supports projects "including roads, sidewalks, utility transfers, environmental remediation, public open space, transportation, schools and signage" around the company's location.

The company said it would receive US $ 1.525 billion incentive incentives from the state of New York, including an average of US $ 48,000 for each job it created.

It may also be requested for other tax incentives, such as the New York City Relocation and Employment Assistance Program, which offers $ 900 million in tax relief over a 12-year period. What benefits the company actually had was unclear.

In November, President Trump reiterated his attack on the retail giants and warned the New York lawmakers that they might regret having shown so much leniency to Bezos's firm.

& # 39; you give up a lot; they are expensive offers. Only time can tell. Maybe Amazon has massive competition and they will not be the same company in five years' time. In that case, that would be a big mistake, "Trump told The Daily Caller.

Amazon was not the only online giant that consolidated its future in America's financial importance.

In December, Google said it was investing more than $ 1 billion on a new campus in New York and creating thousands of jobs.

WHAT DO THE TAXPAYERS AMAZON PAY? WHAT DO YOU GET?

Amazon has $ 2.5 billion in tax credits and other incentives to open two new offices with more than 25,000 new jobs at each site. New York City and Arlington, Virginia, won the competition on Tuesday for Amazon's two new offices, which are referred to as the second and third headquarters of the online retailer in Seattle. Nashville, Tennessee, was selected as the operations center. Listed below are some of the benefits that Amazon says and the benefits for the selected cities.

NEW YORK CITY – Long Island City

Incentives offered for Amazon:

  • Performance-based direct incentives of $ 1.525 billion, based on 25,000 fully paid full-time jobs. This includes a reimbursable tax credit of up to $ 1.2 billion, calculated as a percentage of the salaries that Amazon will pay to workers over the next decade. That's $ 48,000 per job for 25,000 jobs with an average salary of over $ 150,000.
  • Cash subsidy of $ 325 million based on the square footage of buildings used over the next 10 years.
  • Amazon will also compete for legal rights incentives, including the New York City Commercial and Commercial Wastewater Program and the New York City Relocation and Employment Assistance Program. This benefit was not directly linked to a dollar value.

Advantages for the city:

  • Over 25,000 full-time jobs.
  • $ 2.5 billion investment from Amazon.
  • Plants with a total area of ​​4 million square meters, which can double.
  • Projected additional tax revenues of more than $ 10 billion over 20 years.

ARLINGTON, VIRGINIA – Neighborhoods near Reagan National Airport

Incentives offered for Amazon:

  • Performance-based direct incentives of $ 573 million based on 25,000 created jobs with an average salary of over $ 150,000.
  • $ 23 million in funding over a 15-year period, based on the growing rise in hotel room taxes.

Advantages for the city:

  • More than 25,000 full-time jobs with an average salary of over $ 150,000.
  • $ 2.5 billion investment from Amazon.
  • Plants with a total area of ​​4 million square meters, which can double.
  • Projected $ 3.2 billion in additional tax revenue over 20 years.

NASHVILLE, TENNESSEE

Incentives offered for Amazon:

  • Performance incentives of up to $ 102 million based on 5,000 jobs created in seven years with an average salary of over $ 150,000.
  • Cash grant of up to $ 15 million, based on $ 500 for each job created over the next 7 years.
  • Wage tax credit to offset Tennessee franchise and excise taxes of $ 21.7 million, based on $ 4,500 per new job over the next 7 years.

Advantages for the city:

  • 5,000 full-time jobs with an average salary of over $ 150,000.
  • Investments of more than $ 230 million.
  • 1 million square meters of energy-efficient office space.
  • Estimated additional tax revenues of more than $ 1 billion over the next 10 years.

– Associated Press

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