Reply to post: Re: It is all about the taxes

Intel plunking down $20bn for at least two chip factories in Ohio

Duncan Macdonald

Re: It is all about the taxes

Intel has a number of fabs - if the Oregon ones amounted to as much as $10billion per year then the tax on that would be the grand sum of $57million. Intel's profit for 2020 was $20.899 billion after tax (the biggest tax item was income tax of $4.179 billion). I doubt that $57million of tax is enough for Intel to worry about.

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