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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: GVTucker who wrote (142126)	8/21/2001 3:27:30 PM
From: Elmer	Read Replies (2) \| Respond to of 186894

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 I'll take your word for this one, my comments are restricted to Intel. And, as the citizens of Fort Worth can attest, a lot of those tax revenues that you describe never materialize. The citizens weren't getting much from that cow pasture anyway and the great State of Texas failed to pass some promised legislation in a timely manor. BTW, who do you think is paying the property tax on that pasture now? I would think the property taxes went up when Intel bought it and the land value was reassessed. EP