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To: GROUND ZERO™ who wrote (38379)	10/2/2012 3:52:59 PM
From: Kirk ©	1 Recommendation Read Replies (1) \| Respond to of 218640

yup. Silicon Valley used to be called that because we actually MADE silicon chips here! That was long before it cost $5B to build a new fab for the latest chips... CA has a business property tax of 1% on equipment so a new chip plant here would cost about $50M a year in extra taxes... so other states like Arizona and Oregon give Intel tax breaks to build there... and they moved out. HP used to build chips here .... I designed some of them.... it was really cool one year I figured out how to do a design of a product with an old fab that kept 200 people employed to build the chips until we replaced the chip a couple years later with newer technology built in a plant outside the US. 200 jobs... POOF! Here is what Apple does to avoid CA taxes nytimes.com