8 votes

Samsung seeks to have almost $1bn shaved off property taxes for planned Texas semiconductor fab

3 comments

  1. Buck_Rogers
    Link
    Sounds like another "FoxCon" scam.

    Sounds like another "FoxCon" scam.

    4 votes
  2. [2]
    kilroy
    Link
    I wonder if they can put a stipulation on the fab actually being built and operational for X number of years?

    I wonder if they can put a stipulation on the fab actually being built and operational for X number of years?

    4 votes
    1. Halfloaf
      Link Parent
      Yeah, I'd hope that a better option would be to agree to a property tax cut only after the facility had been up and running for 5 or 10 years, with a stipulated level of employment for the area.

      Yeah, I'd hope that a better option would be to agree to a property tax cut only after the facility had been up and running for 5 or 10 years, with a stipulated level of employment for the area.

      5 votes