AOC Tries Damage Control After Backlash for Claiming Money from Amazon’s Tax Breaks Could Be Used Elsewhere

Rick Loomis/Drew Angerer/Getty Images

Freshman Rep. Alexandria Ocasio-Cortez (D-N.Y.) fiercely defended her role in sinking the deal between New York City and Amazon on Tuesday in the face of criticism from colleagues on both sides of the aisle, Fox News reports.

Ocasio-Cortez, a self-described democratic socialist, received considerable backlash both online and offline in the wake of her vocal role in stopping Amazon from opening the second branch of its second headquarters — dubbed “HQ2” — in Long Island City, New York. The congresswoman celebrated Amazon’s decision to pull out of New York as a victory.

The New York Democrat cited concerns about the tax breaks being given to Amazon by New York City and the state of New York, calling the deal “one of the biggest giveaways in state history.”

In a Tuesday tweet, Ocasio-Cortez chastized critics, calling their reaction “knee jerk” and chiding them for assuming she does not understand “how tax giveaways to corps work.”

New York Times columnist Andrew Ross Sorkin chimed in, attacking Ocasio-Cortez and other critics of the deal and going as far to say that there is a “financial literacy epidemic in America.”

Democratic New York City Mayor Bill de Blasio also refuted the congresswoman’s claims, telling NBC News’ Chuck Todd that the funds weren’t “money you had over here, and it was going over there.”

“That $3 billion that would go back in tax incentives was only after we were getting the jobs and getting the revenue,” de Blasio added.

Additionally, de Blasio took a shot at Amazon on Twitter, saying that the city “gave Amazon the opportunity to be a good neighbor and do business in the greatest city in the world.”

Ocasio-Cortez’s Democratic colleague, Rep. Carolyn Maloney (D-N.Y.), also slammed her and the other politicians who were against the deal in a CNN interview on Friday.

“It used to be that we would protest wars. Now we are protesting jobs?” she said.

Watch the video below:

Amazon backed out of the deal with New York on Feb. 14 after mounting opposition from a vocal group of politicians that included Ocasio-Cortez. Amazon’s withdrawal from the deal cost New York City 25,000 jobs and billions of dollars in “incremental tax revenue.”

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banstan
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gotta love aoc. Has no clue what’s she’s talking about and to defend herself, she PROVES she has no clue what she’s talking about.

Screwtape
Member

Financial illiteracy (innumeracy?) is indeed epidemic, especially among politicians. AOC was called for the fantasy that the DoD had $21 trillion just sitting around. Now she thinks NYC has $3B just waiting to be spent. She must have watched a lot of Ducktales as a child, where Scrooge McDuck would backstroke through his pool of money.

Screwtape
Member

Amazon has paid $0 in federal taxes for the last two years. It’s estimated that they would have generated $27B in SALT taxes over ten years with the $3B as a “rebate” (about 11%)

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