Apple dropping over $300M to expand TX facility
2. tkvdog (Posts: 46; Member since: 11 Apr 2012)
Yea And The Person Down The Street Cant Even Feed Himself&Family Great Job Apple:(
3. MISTER_H (banned) (Posts: 97; Member since: 08 Jul 2012)
Gallitoking and Taco are both banned...
4. fanesxx (Posts: 70; Member since: 19 May 2011)
$300 Million ain't nothing to the sour apple
5. remixfa (Posts: 13903; Member since: 19 Dec 2008)
they get a 5 million dollar tax rate to guarantee contractor rates (90% chance its union contractors only)???
nothing like screwing the citizens to pay for union and special interests. And here everyone is claiming their local governments are going bankrupt. oi..
6. greathero1 (Posts: 476; Member since: 13 Jun 2008)
Well Austin has not been screaming bankruptcy. It's common here in Texas to give tax rebates or lower the tax bill of companies who bring jobs to the state. It's one of the big reasons why we lead the country in job creation. Whether you are in liberal urban cities or conservative suburban cities, its quite common here to give tax breaks. Its one of the many ways we stay competitive in attracting business to set up shop or expand. Also, unions are not big here and have very little influence in our state. This is a right to work state but even if union employees were apart of the construction of the expansion who cares. They are working for that minimum $11/hr which is better than depending on the state or fed. Nothing wrong with having a company pay the areas living wage, especially if they are going to take a tax concession from Travis County and from the State.
7. Aeires (unregistered)
I don't get the $8.6 million grant, did Austin not get the memo Apple has around $100 billion in reserves?