ONLY IN MURICA... INTEL FOLLOW FOXCONN's EMPTY BUILDINGS Strategies
The chipmaker not only needs to find nearly 10,000 workers, it has to deliver a competitive product NONSENSE
The Chipmaker only needs to build an empty building that it can rent to others. THE FOXCONN JOB WAY.... Foxconn never built a single LCD panel. FOXCONN was going to bring 15,000 jobs to Wisconsin...What did they deliver? Rental Property!
Two of the largest FOXCONN buildings it built are now fully rented to other businesses. Thanks to Federal Tax Credits, and local tax incentives, these rental properties are essentially Free to FOXCONN and the rental buildings pay no property taxes or State Income Taxes. This is better than Section 8 real estate. Such a big thing... Trump was at the FOXCONN groundbreaking ceremony...
The Chips Bill and this Clown Technology bill will not produce a single chip fab. It has already been determined that Chip Fabbed in Murica will cost 300% more than chip fab from Taiwan. But the best part is why build in the RUST BELT? INCENTIVES. FOXCONN built in Wisconsin and Intel in Ohio. Why Ohio? The Automotive industry wants 200nm chips... and BEST OF ALL NAFTA requires 60% of all hardware be built in North Murica... This was the TRUMP PELOSI NAFTA2 USymca... treaty... It is a protectionist scheme for inferior UNION MADE US AUTOS. to soak the Amerian Taxpayer and Automotive consumer.
Truly pathetic... BTW Mexico now wants some Fab plants.