Quote:
Originally Posted by the_tyrant
I have to say that these tax breaks are a good move for the high tech industry in Texas.
Texas is home to some of the world's biggest fabs (semi conductor factories). In fact, I have read multiple interviews of how silicon valley and California in general is no longer "business friendly", and how they are all moving to places like Texas.
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Then there is Oregon
. Oregon has also given the semiconductor industry some big taxbreaks to stay here. Oregon makes bank with the high taxes on income. The state of ore-gone would go tits up if the semiconductor industry left the state.