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Apple move to N.C. stirs debate about incentives


Donna King
Carolina Journal News Service
RALEIGH — Last week Apple Inc. announced North Carolina will be the new home to a billion-dollar campus working in machine learning, artificial intelligence and software engineering. The move will create 3,000 jobs that pay an average of $187,000 annually.
It is a high-impact announcement for the area around the state capital, Raleigh/Durham and Cary, but the deal includes community and infrastructure contributions from the tech giant amounting to an estimated $1.5 billion in economic benefits to the state. It will also cost the state more than $845 million dollars in tax breaks promised over the next 39 years. When local incentives are added, the total comes closer to $1 billion in incentives to draw the tech giant. ....

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N.C. takes a big bite from the Apple - Carolina Journal


This week Apple Inc. announced North Carolina will be the new home to a billion-dollar campus working in machine learning, artificial intelligence, and software engineering.  The move will create 3,000 jobs that pay an average of $187,000 annually. It is a high-impact announcement for the area around the state capital, Raleigh/Durham and Cary, but the deal includes community and infrastructure contributions from the tech giant amounting to an estimated $1.5 billion in economic benefits to the state. It will also cost the state more than $845 million dollars in tax breaks promised over the next 39 years. When local incentives are added, the total comes closer to $1 billion in incentives to draw the tech giant. ....

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