Arizona Fight over Half-Cent Sales Tax Threatens Semiconductor Expansion
wsj.com
wsj.com
Everyone else complains that the light rail is useless and doesn’t go anywhere so why should we pay to expand it.
This opposition is solely focused on opposing more funding to the light rail system and somehow being reframed about TSMC.
Geologically stable and proximate to rail and truck junctures.
Apparently not if they need to build the rail and highway interchanges.
I think what happened is the politicians promised these things to chip manufacturers because they thought the buildout would be a formality. But political reality is taking those promises off the table.
They should build a fab in Michigan or Ontario. Labour is cheaper up in Canada, too.
A new diversion of that nature wouldn't be allowed.
Also, its in a water district, where we have really done a great job at managing our resources.
Check out some of the well data [1], [2], [3] since it is really eye opening what you can do with proper resource management.
1 - https://www.azwater.gov/gwsi/Hydrograph.aspx?SiteID=33424411...
2 - https://www.azwater.gov/gwsi/Hydrograph.aspx?SiteID=33384411...
3 - https://www.azwater.gov/gwsi/Hydrograph.aspx?SiteID=33375611...
- Phoenix is in located inside a water district, meaning there are many restrictions on water usage and an extremely conservative approach to resource management. Fun fact, many of the wells in our area show increases in water [1] to the aquifer from the lows of the 70's/80's (meaning we are putting more water into the aquifer than we are taking out). Additionally, there is a large artificial lake reservoir and the central arizona project canal runs right by the site. Like others have mentioned, the vast majority of the water gets recycled.
- There is an existing high-tech manufacturing base (lots of aerospace, defense and semiconductor infrastructure).
- There is great transportation. There is a suitable airport (KDVT) ~5 miles from the new TSMC plant, which can accommodate jets capable of international flights (for example to taiwan) if they need to fly wafers to offsite packaging. Additionally, I10, I17 and I40 are all readily accessible.
- There is plenty of space for expansion. The site that TSMC located in has a massive amount of space for expansion, its essentially 5 minutes from town, but has miles of open area that can be utilized for future needs.
[1] - https://www.azwater.gov/gwsi/Hydrograph.aspx?SiteID=33384411...
This isn't even a new tax. It's a tax that has been in place for 40 years and has paid for pretty much every freeway mile and light rail track in the area. The tax expires in 2025 and this is a debate over renewing it. If it fails, Phoenix will be Los Angeles with "rush hour" lasting all day in another 10 years.
In general, if you just wait a bit somebody will post an archive link.
Thanks for the assist.
If you think sales tax is too high lower the “slush fund” taxes that get tossed around for political favors and empire building.
>send everything overseas in the 90s due to "cost savings", eliminating tens of thousands of jobs post dotcom
>cry that analog cannot compete with taiwan foundries
>now wants these same citizens to fund their return to the states
If electronics are this important to the country and the military to be subsidized by taxpayers, maybe it should be nationalized with open source and open hardware. No patents, no offshoring, no importing, and no exporting allowed. Let the people become producers and create their own mini-semi conductor products with open standards.
> Efforts to pass another version of the plan are creating a fissure between Arizona’s business community and these Republicans, and have prompted some pro-business conservatives to join with Democrats and lobbyists for corporations to push for the tax’s renewal.
Seems like dogmatic opposition to taxes is ruining everything.
Anything else would be just selfishness. Forcing others to pick up their tab.
Corporations aren't charities, and that isn't a problem.
This is corporations exploiting a broken political system, where some politician is always willing to sell out future generations to stay in power for another day.
We would be much better off focusing on that problem than trying to hope people and corporations go against human nature and stop being greedy. Hope is never a good strategy. And leopards don't often change their spots...
Part of, sure, but you have to be very careful using this as a foundation of some kind of larger edifice of reasoning, because some behaviors pretty contrary to greed are also human nature.
McCain-Feingold.
The courts striped it of all power.
Someone let me know when the state coffers will help fund my serial rape and murder campaign.
If your strategy to stop corporate greed is to say companies are bad and hope they get better - that's a bad strategy.
You need to do something about it beside complain companies are greedy and hope they stop being greedy. That's never going to happen.