Tuesday: Founder and Jeff

tuesday: The victors, New York and Virginia, delivered, according to CNN. The final deals revealed on Tuesday showed they provided total incentives worth about 2.8 billion total extraordinarily generous offers to a company whose profits in 2017 totaled 3 billion on 178 billion in revenues, and whose founder Jeff Bezos is the wealthiest man in the world. Incentives offered by the state/province and local communities to offset initial capital outlay and ongoing operational costs will be significant factors in the decision-making process, the initial request read. That number only reflects the value of subsidies if Amazon hires the expected 25,000 employees in each location. Amazon's requested perks include not just money, but a helipad at its planned new locations in Long Island City and National Landing a tall order, given that Crystal City currently falls within a flight restricted zone where the only allowed flights are those that go through the airport or have to do with law enforcement and the military. If the company were to add 40,000 employees, and also win additional New York City tax breaks afforded to all companies that meet certain qualifications, the total amount of subsidies could go as high as about 5.5 billion. (news.financializer.com). As reported in the news.