We’ve had him pegged all wrong this entire time: New York Gov. Andrew Cuomo is a freaking genius!
This is hilarious: "Cuomo defended the deal, arguing that New York has to offer incentives because of its comparatively high taxes." Cuomo: “It’s not a level playing field to begin with.” “All things being equal, if we do nothing, they’re going to Texas.” https://t.co/Nnhe9VJzMW
— Michael R. Strain (@MichaelRStrain) November 14, 2018
More from the New York Times:
New York’s incentive package is much larger than Virginia’s. Amazon promised to create about 25,000 jobs at each location, but New York offered twice as much as Virginia did.
…
Gov. Andrew Cuomo defended the deal, arguing that New York has to offer incentives because of its comparatively high taxes. At 6.5 percent, New York’s corporate income-tax rate is only modestly higher than Virginia’s 6 percent, according to the Tax Foundation. But other business and individual taxes are higher in New York.
“It’s not a level playing field to begin with,” Mr. Cuomo said in an interview Tuesday. “All things being equal, if we do nothing, they’re going to Texas.”
El. Oh. El.
Beyond parody
— Fred Slater (@fred_slater) November 15, 2018
spit take warninghttps://t.co/QmyiZRkupP
— David Burge (@iowahawkblog) November 15, 2018
Time to invest in new keyboards.
So Andy admits the folly of NY taxation levels.
— Dom Addeo (@Tropicalantix) November 15, 2018
“We have to take more of your money because we already take so much of it!!!”
— Arthur Fortune (@CBove1) November 15, 2018
Andrew Cuomo’s got himself a real winning strategy there.
*every business tax attorney in New York furiously scribbling notes*
— David Burge (@iowahawkblog) November 15, 2018
Time for some actual Game Theory, and not the Twitter spaz thread kind. Google "Nash Equilibrium" and "Stackelberg reaction function."
— David Burge (@iowahawkblog) November 15, 2018
What did we learn today kids? By giving away the farm to land Amazon, New York incentivized every business in New York to threaten leaving unless they get a farm of their own.
— David Burge (@iowahawkblog) November 15, 2018
"YOU get a helipad! And YOU get a helipad!" pic.twitter.com/7E6AC4JL5Y
— David Burge (@iowahawkblog) November 15, 2018
If you don’t live in New York, this is all pretty entertaining.
Sometimes truth just inadvertently slips out of a politicians mouth when they aren’t looking.
— Matthew Shea (@sheamatt14) November 15, 2018
Weird, they could just lower taxes for all businesses instead of subsidizing ones with the money to lobby.
— Sol Invictus (@UndefeatedSun) November 15, 2018
Please. That’s just crazy talk!
It would seem there is a lesson here for @NYGovCuomo. I’m sure he’ll do his best not to learn it.
— Taro Tsujimoto (@RCannon74) November 15, 2018
Liberal New Yorkers don’t seem too interested in learning it, either.
And what is even funnier is people vote for that!
— Tracy (@rubyfurie) November 15, 2018
He’s an economic illiterate, but he was just overwhelmingly re elected my governor. Good work NY
— Steve Smith (@Stephen36961921) November 15, 2018
It's a shame that liberals like Cuomo know exactly what they are doing, yet they do it anyway. And people continue to vote to get screwed by them.
— Mike Smith (@m_smitty2) November 15, 2018
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