Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: hinckley buzzard

Why NY?


18 posted on 10/04/2022 4:06:06 PM PDT by Sacajaweau ( )
[ Post Reply | Private Reply | To 11 | View Replies ]


To: Sacajaweau

Perhaps they will compete with Corning for the Silica.


19 posted on 10/04/2022 4:07:04 PM PDT by Vermont Lt
[ Post Reply | Private Reply | To 18 | View Replies ]

To: Sacajaweau

Don’t be surprised if Musk’s lightbulb lights up and voila...a Fab in Texas would make more sense.


20 posted on 10/04/2022 4:07:58 PM PDT by Sacajaweau ( )
[ Post Reply | Private Reply | To 18 | View Replies ]

To: Sacajaweau
Why NY?

NY has pretty good tax incentives on the company side for relocating there. They just stick it to the workers with property taxes and income taxes to make up the difference.

NY has also been trying to get Chip technology companies to relocate in the state for years. They have a number of public/private partnerships to do just that. Global Foundries has a number of chip making plants they took over from IBM in the state.

It's funny that in a high tax state they think nothing of providing almost tax free status for a corporation to relocate to their state, but heaven forbid that you should lower taxes so your citizens could enjoy a better lifestyle.

30 posted on 10/04/2022 6:13:32 PM PDT by stig
[ Post Reply | Private Reply | To 18 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson