NY taxpayers to pay $48,000 per Amazon HQ job

New York state is kicking in more than $1.5 billion in taxpayer-funded incentives for getting half of Amazon's second headquarters located in a section of Queens.

Alexandria, Virginia, will each get 25,000 jobs. The online retailer also said it will open an operations hub in Nashville, creating 5,000 jobs.


New York state's incentives are nearly triple those of Virginia's, while Tennessee's are $102 million.

According to Amazon, the cost per job for New York taxpayers is $48,000, compared to $22,000 for Virginia and $13,000 for Tennessee.

In a statement released by Amazon, Cuomo called the agreement "one of the largest, most competitive economic development investments in U.S. history."

New York City Council Speaker Corey Johnson issued a statement saying:  "Amazon is one of the richest companies in the world...I also don’t understand why a company as rich as Amazon would need nearly $2 billion in public money for its expansion plans at a time when New York desperately needs money for affordable housing, transportation, infrastructure and education." 

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