Re: Apple picks N.C.

Gosh — Wed, 03 Jun 2009 12:45:32 -0400

As Head Teabagger for the East Coast, allow me to speak for all those to follow saying we hate tax breaks for companies and jobs.

Why? We don't know.

It's kind of like how we loved the Reagan and Bush debt and deficits.

Why? We don't know.

But clearly Sugar Dumplin' giving a tax break to business is against our moral principles.

Why? We don't know.

Vote Chad Adams! The straight Republican in N.C.

Apple picks N.C.

bniolet — Wed, 03 Jun 2009 12:36:03 -0400

Apple Computer will build a data center in North Caroilna.

Gov. Beverly Perdue this morning signed into law a bill that would give the company millions worth of tax breaks. The company then promptly announced it would build a facility in the state. The Cupertino, Calif., based company is expected to invest more than $1 billion in the project over nine years. The incentive law requires that investment for Apple to get its tax breaks.

"We welcome Apple to North Carolina and look forward to working with the company as it begins providing a significant economic boost to local communities and the state," Perdue said.

Perdue's news release did not specify exactly where the facility would be located.

Critics of the incentive, worth $3 million a year at first, said the state is spending a lot of money to create a few jobs. The facility is expected to employ at least 50 full-time employees, according to a news release from the governor's office. It would also attract as many as 250 contractors.

More after the jump.

newsobserver.com projects - Apple picks N.C. - Comments

Re: Apple picks N.C.

Apple picks N.C.