Businesses pay property tax on capital equipment, and the vast majority of small and medium businesses function just fine with the existing tax rates. But when

Businesses pay property tax on capital equipment, and the vast majority of small and medium businesses function just fine with the existing tax rates. But when you look at cost of capital equipment per job created, there's a difference of several orders of magnitude between Acme widget manufacturing and a semiconductor fab. The semiconductor fab does not fit the model on which the tax rates are based. It's an outlier. Tax breaks to bring their costs back in line with the "typical" business are perfectly reasonable if you want them to bring the jobs. Finally, in Intel's case, let's assume "hundreds" of employees means 500. That's 0.5% of their total worldwide workforce. Does that justify increasing their property tax costs by several orders of magnitude (canceling the tax breaks)?