Taxes

Cuomo says Amazon HQ will cost New York 'nada'

New York Gov. Andrew Cuomo says a deal to bring Amazon's second headquarters to Queens will cost taxpayers "nothing" — even though they're on the hook for $325 million in direct grants to the company.

Correction: Amazon HQ-Trump Tax Break story

Much of the New York City neighborhood selected by Amazon for one of its new headquarters is in a federal "opportunity zone," a designation created by President Donald Trump's tax overhaul that offers developers potentially millions of dollars in capital gains tax breaks to invest in high-poverty, low-income areas.

NY state kicking in $1.5B-plus for getting Amazon HQ

Amazon stands to get more than $1.5 billion in grants and tax breaks from New York state in exchange for bringing at least 25,000 workers to a new campus in Queens, a record-setting incentive package that was both cheered and jeered Tuesday by elected officials in the city.