$2 billion in tax incentivesAmazon has announced New York and Virginia as its chosen sites for its second headquarters, or “HQ2” — never mind the mangled fact that these are not close to one another and at the very least it’s HQ2 and HQ3, or something similarly stupid. More pertinent is the fact that New York, yours truly apparently included, is paying Amazon $1.2 billion in tax incentives. We — meaning New York — have also apparently agreed to secure Jeff Bezos “access to a helipad.” Jeff, listen, because I’m paying for your gaudy lifestyle: You take the broken-ass subway for a month, and I’ll take the helicopter. After that, I’ll take you out for a beer at a good New York place, on me, we’ll exchange notes on commutes, and go from there. Deal? [The New York Times]
Robber Baron was a term applied to a businessman in the 19th century who engaged in unethical and monopolistic practices, utilized corrupt political influence, faced almost no business regulation, and amassed enormous wealth.