s_14

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  • Apple confirms $1.3B Iowa data center, says operations will start in 2020

    s_14s_14

    It's outrageous that these highly profitable companies extort cities and states to provide these "extra" $213 million in incentives in order to create just 50 permanent jobs.  That's $4.26 million per job.    How does that make any sense?   Why bother?
    The state and city are each putting in $18 million. The extra $188 million is tax dollars they won't receive because of a tax abatement. The abatement is for 71% of the value of the property, so they are still going to get $77 million in taxes from Apple from the 29%, in addition to the $100 million fund.
    jony0randominternetpersonSpamSandwichanton zuykov