Amazon is pausing the unprecedented spree of headquarters construction that transformed the city of Seattle over the last decade, suspending plans to add 7,000 to 8,000 jobs in 1 million square feet of new office space.
Whether it’s a political maneuver to influence City Hall or an actual change in direction remains to be seen. But it could spook developers of housing and offices planning on Amazon’s continued growth.
Amazon has drawn a line in the sand and is sending a clear message to Seattle City Hall—approve this tax and we’re out.
There had better be limits to this liberal taxing compulsion!
Perhaps you should pay attention to corporate oligarchs demanding things of your government , who by the way is you.
Sure they are. Just as they were “considering” 50 different cities for their so-called HQ2. Then after they collected detailed information about what land, tax, and regulation giveaways were available from those 50 cities they went right back to work on buying the land they had their eye on 3 years ago.
That’s not drawing a line in the sand – that’s holding a knife to their throat
There had better be limits upon plutocrat mandarins expecting to benefit from public infrastructure without having to pay their share to maintain it.
Big fan of professed fiscal responsibility, are you?