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by dingosity
1667 days ago
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Also. Property tax in Texas is high relative to other states. So it makes sense to give Samsung a break on Ad Valorum taxes (not that a corporation with sufficient lawyers would pay them anyway.) They'll just make up the difference by stiffing it to the owners of all the new houses near the plant. I can't imagine Samsung would put a plant in a 3rd world country like Texas unless they were getting significant tax deferrals from the state. |
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