De Blasio Counters AOC After She Claimed Money From Amazon’s Tax Breaks Could Be Used: ‘There’s No Money’

Alexandria Ocasio-Cortez
Drew Angerer/Getty Images

During an interview on “Meet the Press,” New York City Mayor Bill de Blasio slammed suggestions that the city was giving Amazon $3 billion in exchange for building its new headquarters in Queens.

Amazon recently announced it would be pulling out of the deal after difficulties negotiating with lawmakers. This has prompted a mixed reaction, with many left-leaning individuals celebrating it as a win against corporate greed.

However, during the interview, de Blasio explained that the $3 billion did not already exist and would have come only after Amazon boosted the economy. Host Chuck Todd pointed out it wasn’t “money you had over here, and it was going over there.”

“Correct,” de Blasio said. “[…] And that $3 billion that would go back in tax incentives was only after we were getting the jobs and getting the revenue.”

Todd further questioned him about the incentives, and de Blasio shut down any questions.

“There’s no money — right,” de Blasio said.

Watch the video below:

Although he did not mention her by name, he debunked Rep. Alexandria Ocasio-Cortez’s (D-N.Y.) comments after Amazon announced the news.

Watch below:

“If we were willing to give away $3 billion for this deal, we could invest those $3 billion in our district ourselves if we wanted to. We could hire out more teachers. We can fix our subways. We can put a lot of people to work for that money if we wanted to,” Ocasio-Cortez said.

Ocasio-Cortez has been outspoken about her disapproval of the Amazon deal, but this is one example of how she may not have fully understood the economics behind it.

What do you think?

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Phyllis Softa
Member

It is frightening that an elected US Rep would not understand tax incentives. NY District 9 needs to be a lesson to the entire country. If term limits are a priority, do diligence to assure you are replacing your Rep with an individual with the preparation and knowledge needed for the job.

Gregory Bean
Member

I need a college degree quick and easy. What college did she go to?

Susan Rogers
Member

AOC supposedly majored in economics, but seems totally clueless. Someone should investigate to find the person who actually took her college classes.

Troy Bise
Member

Wow. This is kind of scary. This is a duly elected representative in NY.

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