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ka-chiiing! 1st post

Jun 03, 09 - 04:43 pm Comment from: breeze

North Carolina will reap the direct and indirect benefits 10 fold from all the related Apple local business and employment opportunities that will come from Apple's presence there. Smart Move luring Apple to the state - many more will follow just because of this...

Does that One billion dollar investment include the cost of computers for the data center? I wonder where Apple will get them from? Hmmmm......

Go Apple you rules.

Apple is clearly not choosing to participate in the recession! Go Apple!

Jun 03, 09 - 05:27 pm Comment from: the other steve jobs

suck it, california! honestly, i bet Apple will eventually have to leave Taxifornia, like i, and 1.5 MILLION other taxpayers have over the last 4 years because communism doesn't work when those paying the bills can just up and leave for other states.

Jun 03, 09 - 05:42 pm Comment from: hardmanb

So much for the arguments of liberal high-taxers, who argue that lower tax rates don't have any effect on the economy.

Jun 03, 09 - 05:56 pm Comment from: breeze

the other steve jobs:
Go take a lobotomy.

Anyone netting over $250k ( that's about $357,000 gross per year) a year can easily handle ( and should gladly help out a bad economy) a measly 3% increase from a 33 % tax rate to 36 % on the

It's amazing how that perfectly just increase is mis- stated and draws ignorant cries of communism. Anyone who earns that kind of high income legitimately and with merit ( not market gamlers and short selling jerks) has no problem taking a petty 3% which amounts to about $3000 per year.

As far as California is concerned they voted for and actor rather than a qualified governor....

Communism??? Get educated.

Jun 03, 09 - 06:21 pm Comment from: mike_in_helsinki

Now, Apple, exceed everyone's expectations and invest way more than a billion, and something else on top.

@the other steve jobs

Good riddance.

Jun 03, 09 - 07:14 pm Comment from: silverhawk

"qualified governor"
How many politicians are qualified?

That tax break pays for 5.8 MW worth of solar panel generated electricity.

Jun 03, 09 - 07:18 pm Comment from: breeze

silverhawk:

Ever hear the expression two wrongs don't make a right?

What's that got to do with the price of cheese?

"'qualified governor'
How many politicians are qualified?"

All of them. They have a pulse and were elected by people who also have a pulse.

Jun 03, 09 - 07:50 pm Comment from: BC Kelly

Hey Gomer, you hear that Apple is starting a Server Farm here ?

No Goober

Yea, Andy was telling me about it

Gaawlee, maybe we can get some work there ?

Yea, pickin' apples or servers or whatever it is they growin'



*****************************************


Ok, ok ... love ya North Carolina

Just havin' a little fun



But, something IS going on with all this, that's for sure

Smells like it's gonna be a big deal

And when I say big deal, I mean a ...

Big Deal™


Shazam




BC

Jun 03, 09 - 07:54 pm Comment from: BC Kelly

Oh, and p.s. to breeze

"... two wrongs don't make a right"


Maybe, maybe not

But 3 lefts do





BC

Jun 03, 09 - 08:23 pm Comment from: macbones

"Anyone netting over $250k ( that's about $357,000 gross per year) a year can easily handle ( and should gladly help out a bad economy) a measly 3% increase from a 33 % tax rate to 36 % on the
Anyone who earns that kind of high income legitimately and with merit ( not market gamlers and short selling jerks) has no problem taking a petty 3% which amounts to about $3000 per year."

What this liberal clearly fairs to compute is the tax those making 250K+/ year already pay. 36% federal, 8% state income, 13% social security tax, medicare/medicaid tax, 7% sales tax, $10K+ property tax, our children qualify for no education "aid" which is, in effect a tax. All in all, that conservatively pushes my top dollar into the 70% taxation rate. Why the F#ck do I work 70 hours a week? Another 3%- you bet your a$$ I'm going to be unhappy about it.

And PS- The money I'm not pouring into tax dollars in much more likely to be put directly back into the American economy- I guarantee I am much more likely to be paying a landscaper, a driveway plower, an nannie b/c my wife also works, and spending money on quality made-in-America products unlike the Wallmart-Chinese crap the <60K/year group chooses to buy. So go take your stimulus check I paid for a buy some more slave-labor made in China garbage.

Jun 03, 09 - 08:30 pm Comment from: BC Kelly

macbones ....


<60K/year group ?


1/2 of us would love to get 1/2 that far




BC

Jun 03, 09 - 09:41 pm Comment from: Hm...

Perhaps Apple will send thank-you cards to every NC state employee for the pay cut they took to balance the lost taxes. Or to the 1300 employees of the Charlotte school system who have been laid off. Or to the employees of the 8 prisons that are being closed (nah, the inmates are sending those cards). Or the mental health centers that are being closed. Or to the doctors who have their medicaid refunds cut. Or the students for the $200 tuition hike for the UNC system. Or...

Or you can believe the BS the state has put out that this server farm will generate 3000 jobs for NC. Talk about 'new math'...

So go take your stimulus check I paid for a buy some more slave-labor made in China garbage.”

Maybe I’ll buy an iPod.

Jun 03, 09 - 11:59 pm Comment from: breeze

macbones:

we all pay taxes - that's life all that's changed is that there's an increase of 3-4% on 3-4% increase on net taxable income over 250k which amounts to about $ 3-4000 more a year.

I ain't no more of a liberal than you are a stupid selfish moron who doesn't understand anything but acerbic propaganda made for the ignorant.

Those are the facts - no one likes paying a big chunk of what they make for taxes - but without taxes there ain't no cities infrastructure etc...

3-4% extra for anyone making that kind of money is chump change... what is all the whining about?!

That still leave you with tons of money to be a consumer and a selfish pompous pig if you choose, or a consumer that still enjoys a decent standard of living and still cares and contributes to other concerns. Even right wing republicans can care and not be selfish assholes.

Jun 04, 09 - 12:21 am Comment from: breeze

PS what ever happened to : Think Different?

Jun 04, 09 - 01:04 am Comment from: BC Kelly

To Hm... No, sorry, you're looking at it backwards


It's not money NC has "lost" or will "lose"

If Apple goes elsewhere they get nothing

So NC still makes a "profit" in the deal


But, what you bring up reminds me of a similar example


A company charges a $10.00 "late fee" on an overdue account

But that person defaults, goes belly up, pays nothing

Has the company "lost" $10.00 ?

Or is it just money they hoped to make but didn't ?

How do they show that $10.00 on their books at end of year ?

And do they pay less taxes because of that "imaginary" $10.00 ?


Now, take that same concept and apply it to a house bought 30 years ago for $50K - then its value went up to $100K until last year when it dropped to $75K

Does the owner have a $25K "profit" or "loss" ?




Am curious if this "math" is being used with all kinds of things in the Economy ?

Just cause you didn't get something doesn't mean you lost it



BC

Jun 04, 09 - 12:40 pm Comment from: Hm...

@ BC

I don't agree that the point is "cause you didn't get something doesn't mean you lost it" -- the things I listed are real losses to the people of NC. The pay cut was the governor's unilateral revision of existing contracts where all state employees lost 1/2% of their annual salary out of the last two paychecks of the NC fiscal year (7/1/08 to 6/30/09). So a $47k per year salary lost $117 per check -- a weeks worth of groceries; and $47k per year is well above the median for state employee—many low level NC state employees qualify for food stamps. (By the way - there are classes of employees protected from the cuts by the NC constitution: judges, the governor, etc.) The 1300 Charlotte school employees are laid off and no longer pay taxes. To further exacerbate the issue, even though many are '12 month' workers (security, etc.), since they're school employees, they aren't eligible for unemployment since the school term will be over when they're laid off. So balancing the lack of tax revenue for the breaks for Apple on the backs of NC state employees once again is the real problem.

As for the "math" - it seems projections are only ever used to justify tax breaks and never taken into account for the losses due to layoffs, closures, and pay cuts. These have severe ripple effects on the economy, too.

@ macbones
Here Here!

@ Breeze

It's not so much that we mind paying taxes, but rather that we work HARD for that money and then the "government" takes MOST of it away. Plus the fact that increasing taxes seems to be an inexorable trend.

Why is it that govt employees always feel they have guaranteed jobs during down times? You saying govt employees are better than the rest of us? No pay cuts? No job losses? No budget cuts? Nice world you live in there.