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I'm concerned that a company like Intel, makers of some of the most valuable IP in the world, decided to invest in a foreign country instead of it's own when a
by 40acres 8y ago
I'm concerned that a company like Intel, makers of some of the most valuable IP in the world, decided to invest in a foreign country instead of it's own when a company like Amazon -- which has great IP but don't get me wrong the Chinese have an equivalent (Alibaba) was able to scoop up prime real estate in NYC and DC.
Now Intel has a lot manufacturing based in the US, like I said Congress passed a law to make that happen. But have we looked into why we're allowing Foxconn to get tax breaks to build in "heartland" America but not Intel? An iconic American name?
- dillondoyle 8y agoI'm sure Intel could/does get tax subsidies for land/building. But I don't think that's major the driver of cost for what we're talking about here. It's cost of skilled & specialized labor, and externality costs of supply chain availability.
- warrenm 8y agoSo you think Intel should've setup shop in NYC or DC?