Why is Apple building a $1 billion server farm?
North Carolina lawmakers are pushing to give Apple Inc. a multi-million dollar tax break should the company bring an East Coast computer server farm to the state – an estimated $1 billion investment, according to a state official with knowledge of the recruitment efforts… While it has been known that North Carolina lawmakers were working on changing tax rules to benefit one company, the name of the outfit has been kept secret. The state official said Catawba and Cleveland counties are potential sites… The House Finance Committee on Thursday altered the proposed tax change so companies could qualify only if they locate in one of North Carolina’s poorest counties, provide health insurance, meet a wage standard, and forego other state grants or tax breaks. “The bill ensures it’s going to go to an area of high unemployment. This reflects concerns many of us have had about economic development policy, that priority should be given to the neediest counties,” said committee chairman Rep. Paul
