Why did New York offer Amazon 3 times the tax breaks Virginia did?

John Schoettler, Vice President for Global Real Estate at Amazon, and New York Governor Andrew Cuomo.
(Image credit: Drew Angerer/Getty Images)

Amazon wants to evenly divide its second headquarters between New York City and the Washington D.C. area. But the two cities aren't exactly splitting the very large bill.

In the company's Tuesday announcement revealing that its HQ2 will land in New York's Long Island City and northern Virginia's Crystal City, Amazon disclosed that New York would deliver $1.525 billion in "performance-based tax incentives" for its job-creating investment. Virginia, meanwhile, would deliver just $573 million — a third of New York's deal, Axios' Felix Salmon pointed out.

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