Apple to Build $1B Server Farm in North Carolina(charlotteobserver.com)
charlotteobserver.com
Apple to Build $1B Server Farm in North Carolina
http://www.charlotteobserver.com/597/story/820351.html
6 comments
State of Georgia needs to do similarly.
Why? Data centers provide a small number of jobs and use enormous amounts of electricity. They gave Apple $46m to get 50 jobs that pay $50k a year. Do the math, Apple got essentially free labor for the next 18 years.
That's not quite correct. They didn't give Apple $46m. The $46m that they're "giving up" is money they would never have had otherwise. The town had 2 choices:
1) Don't give any tax break. Apple will likely go elsewhere, and the town doesn't get any additional tax revenue.
2) Give Apple a break on some fraction of their taxes, amounting to $46m. They will still get some tax revenue from Apple.
It's like saying a store is giving money when it puts a product on sale. The town is just lowering the price to sell more goods.
1) Don't give any tax break. Apple will likely go elsewhere, and the town doesn't get any additional tax revenue.
2) Give Apple a break on some fraction of their taxes, amounting to $46m. They will still get some tax revenue from Apple.
It's like saying a store is giving money when it puts a product on sale. The town is just lowering the price to sell more goods.
I wonder if all the small businesses in the city could get together and bluff the city: say then wanted the same deal as apple, or they will all close?
Don't these schemes seem illegal under the 14th amendment?
Don't these schemes seem illegal under the 14th amendment?
they also use a lot of water
It makes sense to me as there's a big overall shift in that direction. Thoughts?