Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 36.15

-0.6%

Dec 24 12:59 PM EST

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To: Elmer who wrote (142125)	8/21/2001 3:17:41 PM
From: GVTucker	Read Replies (1) of 186894

Elmer, RE: It is not at the tax payer's expense to forgive taxes the government wouldn't have otherwise collected. Intel get's lots of these breaks but the local businesses thrive, property values go up, property tax revenues go up etc, income tax revenues go up etc etc. That isn't always the case. Often the real estate used to get a corporation to relocate previously had generated tax revenues. By giving a new employer a tax break, there is indeed a net loss to the taxpayers. And, as the citizens of Fort Worth can attest, a lot of those tax revenues that you describe never materialize.

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