Government Corruption

Breaking: New York Is In Trouble

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Goldman Sachs is looking into building a campus in Dallas, Texas to take advantage of the lower taxes and more favorable business climate of Texas. another advantage that Dallas offers to Goldman Sachs is that it will be easier to hire and keep the best people working for them.

Crime is up in Dallas, but it’s still much lower than in New York. The bankers will see an increase in their salaries of over 10% because of the lower taxes and it won’t cost Goldman Sachs a dime.

Also, Dallas does not Have AOC, which is a huge advantage. They won’t have her trying to kill the deal like Amazon faced in New York. She can’t kill 25,000 great-paying jobs as she did with Amazon.

She complained that Amazon was getting a huge tax break which was true but there still would have been a fortune in income taxes and other new jobs that would be created to service Amazon.

NY still does not see a dime in taxes. Barmaids are not good with economics.

As Bloomberg News discovered:

Executives are in advanced talks with developers as the firm scouts for expanded space in North Texas, a region known for steakhouses, luxury retail and low taxes. The move could boost Goldman’s presence there to rival an older outpost in Jersey City, where the bank’s tower looms over much of the local skyline — and even supplant it in time, according to people with knowledge of the situation.

Fox Business adds:

Goldman already has a presence in the Dallas area, with more than 1,000 employees working out of downtown Dallas’ Trammell Crow Center and another 600 workers at its Richardson consumer banking office with plans to add hundreds more… If the purported new campus comes into fruition, Dallas could replace Salt Lake City as the firm’s largest hub outside the New York area.

Goldman is playing it close to the vest and they refuse to confirm or deny the reports coming from various sources. But, the move makes a lot of sense for many reasons.

New York is a dying town located in a dying state. And Texas would be a place that many bankers would be willing to move to because of the lower crime rate as well as the much lower taxes and Goldman already has an office or two in the area.

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6 Comments
osan August 9, 2021
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Were I Texas, I'm not sure I'd welcome Goldman.  They are a raft of filthy crooks, some of whom should probably be in cells... but money always talks more loudly than ethics, so we can expect all the wrong things from Texas, just as with any other state.Humans.
Keira Griffiths August 3, 2021
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I get paid over $87 per hour working from home with 2 kids at home. I never thought I'd be able to do it but my best friend earns over 10k a month doing this and she convinced me to try. The potential with this is endless. Here’s what I've been doing...>> Www.Webcash1.Com
Sunshine Kid August 3, 2021
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A bank looking to move out of a liberal state is not a good thing for a conservative state.  Remember that banks always try to influence government decisions with interest rates and loans.
Harriet Dunn August 3, 2021
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My last paycheck was $2500 for working 12 hours a week online. My sisters friend has been averaging 8k for months now and she works about 30 hours a week. I can't believe how easy it was once I tried it out. The potential with this is endless. This is what I do >>> My last paycheck was $2500 for working 12 hours a week online. My sisters friend has been averaging 8k for months now and she works about 30 hours a week. I can't believe how easy it was once I tried it out. The potential with this is endless. This is what I do >>> Www.Webcash1.Com
confusednomore August 3, 2021
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Fine if these companies move to more favorable tax states.  BUT LEAVE YOUR LIBERAL, LOSING POLITICS IN NEW YORK If you take your liberal politics with you, you will destroy the reason you moved in the first place.  Or aren't you smart enough to realize that?
Gerald S Ladd August 3, 2021
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Gober Como killed the state, and a lot of old people.