1 00:00:00,080 --> 00:00:03,040 Speaker 1: At Stifle, we believe investment advice is about more than 2 00:00:03,080 --> 00:00:06,280 Speaker 1: helping you manage your wealth. Our investment advice is about you. 3 00:00:06,720 --> 00:00:09,880 Speaker 1: It's about realizing your dreams may become a reality because 4 00:00:09,920 --> 00:00:12,880 Speaker 1: you have a plan. We believe in you find your 5 00:00:12,880 --> 00:00:15,720 Speaker 1: new Stifle financial advisor at stifle dot com. That's s 6 00:00:15,760 --> 00:00:18,480 Speaker 1: T I F E L. Stephen Nicholas and Company Incorporated 7 00:00:18,520 --> 00:00:20,720 Speaker 1: member s I P C and N Y S. E. Well, 8 00:00:20,760 --> 00:00:25,440 Speaker 1: these New York millennial socialist politicians one my friends. Amazon 9 00:00:25,480 --> 00:00:28,080 Speaker 1: announced they're pulling the plug on their plans for new 10 00:00:28,120 --> 00:00:32,559 Speaker 1: headquarters in Long Island City in Queens after protests from 11 00:00:32,560 --> 00:00:36,479 Speaker 1: these radical Democrats, socialists and other assorted coups. And it 12 00:00:36,600 --> 00:00:40,440 Speaker 1: was all because Governor Cuomo's allowsy salesman. He ended up 13 00:00:40,479 --> 00:00:43,240 Speaker 1: presenting this deal as though Amazon was not going to 14 00:00:43,320 --> 00:00:46,440 Speaker 1: be paying any taxes and in fact would be getting 15 00:00:46,440 --> 00:00:50,400 Speaker 1: a three billion dollar tax break. And that's not what 16 00:00:50,479 --> 00:00:53,920 Speaker 1: was going to happen. Amazon was going to pay twenty 17 00:00:53,960 --> 00:00:57,560 Speaker 1: seven billion dollars in taxes get a three billion tax 18 00:00:57,640 --> 00:01:01,160 Speaker 1: break over the course of ten years. New York needs 19 00:01:01,160 --> 00:01:04,520 Speaker 1: the tax revenue. Rich people are leaving. But Alexandria Ocasio 20 00:01:04,600 --> 00:01:08,440 Speaker 1: Cortez is all happy Amazon's leaving. Amazon is not coming, 21 00:01:08,760 --> 00:01:11,000 Speaker 1: so now she says, we go get that three billion 22 00:01:11,040 --> 00:01:14,600 Speaker 1: and spend on the subways and infrastructure. There isn't three 23 00:01:14,640 --> 00:01:18,280 Speaker 1: billion dollars. If Amazon doesn't show up, you don't have 24 00:01:18,400 --> 00:01:21,880 Speaker 1: three billion. It was coming from their taxes that they 25 00:01:21,920 --> 00:01:24,280 Speaker 1: were going to be paying. That Cuomo did a lousy 26 00:01:24,440 --> 00:01:28,800 Speaker 1: job of informing people. This is classic. Normally, these are 27 00:01:28,800 --> 00:01:32,320 Speaker 1: the kinds of things Democrats used to get reelected, job creation, 28 00:01:32,800 --> 00:01:36,160 Speaker 1: income increases, and so forth. But now because they've killed 29 00:01:36,160 --> 00:01:39,120 Speaker 1: a corporation and they've sent it back and the Democrats 30 00:01:39,120 --> 00:01:42,920 Speaker 1: are celebrating, We'll see how this works out in when 31 00:01:42,959 --> 00:01:44,280 Speaker 1: they all run for reelection.