I assume it will be office space for more workers that will be assigned to fill out TPS reports. I understand the current staff are having to come in on Saturdays just to keep up.
Looks like Apple is building additional leverage against Cali tax madness. Good. Nice to see them doing that. I am pretty sure Amazon has reconsidered its investment plans in Oregon, as well.
Hard to blame the state for the actions of the private market, right?
Wrong, especially when it is such a tightly state-controlled RE "market" as the one in Cali. \
By private you of course meant "free". In Cali it is just as "free" of a market" as North Korea is "democratic". State absolutely can drive RE prices up by making building new homes and businesses difficult (which again stands true for Cali).
Also, I am pretty sure, Apple is not scared of the property taxes. They are scared of the business/corporate taxes instead.
Those can be adjusted much easier (especially in socialist inclined states like Cali) by latte drinking "the people",because none of them own a business. So, Apple does need to have some leverage against that.
Cali is aiming at a huge pension crisis as well, which they themselves created and I bet Apple does not want to have a huge footprint in the state, when the shit hits the fan, either. Smart men!
Also, if I am not mistaken, there was an article about 6-8 months ago here on AI about how local politicians in Cupertino were very keen on increasing taxes on Apple despite them already getting a lot of money from them..
Any normal business should diversify against all sorts of circumstances, and I think that is what Apple is doing. Having 2-3 huge campuses can make local politicians think twice before trying to twist Apple proverbial arms in an attempt to extract more "revenue" from a cash cow they perceive Apple to be.
I assume it will be office space for more workers that will be assigned to fill out TPS reports. I understand the current staff are having to come in on Saturdays just to keep up.
Just remember to return any staplers you may borrow.
Looks like Apple is building additional leverage against Cali tax madness. Good. Nice to see them doing that. I am pretty sure Amazon has reconsidered its investment plans in Oregon, as well.
Hard to blame the state for the actions of the private market, right?
Wrong, especially when it is such a tightly state-controlled RE "market" as the one in Cali. \
By private you of course meant "free". In Cali it is just as "free" of a market" as North Korea is "democratic". State absolutely can drive RE prices up by making building new homes and businesses difficult (which again stands true for Cali).
Also, I am pretty sure, Apple is not scared of the property taxes. They are scared of the business/corporate taxes instead.
Those can be adjusted much easier (especially in socialist inclined states like Cali) by latte drinking "the people",because none of them own a business. So, Apple does need to have some leverage against that.
Cali is aiming at a huge pension crisis as well, which they themselves created and I bet Apple does not want to have a huge footprint in the state, when the shit hits the fan, either. Smart men!
Also, if I am not mistaken, there was an article about 6-8 months ago here on AI about how local politicians in Cupertino were very keen on increasing taxes on Apple despite them already getting a lot of money from them..
Any normal business should diversify against all sorts of circumstances, and I think that is what Apple is doing. Having 2-3 huge campuses can make local politicians think twice before trying to twist Apple proverbial arms in an attempt to extract more "revenue" from a cash cow they perceive Apple to be.
IMO, Apple needs to be prepared to move their workforce to another state or country if conditions ever warrant it.
The little yellow flag isn't a sign that a gas line will be installed, but rather that there's already one there, and to avoid it if digging. Because, you know, BOOM.
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IMO, Apple needs to be prepared to move their workforce to another state or country if conditions ever warrant it.