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Gianaris wants to reform NYC tax credit programs that drew Amazon

The so-called “Amazon slayer” has set his sights on the benefit programs New York City used to attract the e-commerce giant. State Sen. Michael Gianaris is drafting legislation to rework the two tax credit programs that Amazon had tapped for its Long Island City headquarters, the Wall Street Journal reported. Using the programs, the company would have tapped the programs for $ 1.3 billion in credits over 15 years in exchange for employing up to 40,000

The Real Deal New York

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