Texas Makes Massive Tax Bet on Payoff From Samsung Chip Plant

Nov. 26, 2021, 4:42 PM

This week in state tax news: Texas and the small city of Taylor swapped big tax breaks for a big Samsung chip plant, San Francisco building owners seek huge tax breaks in pandemic-transformed downtown, Florida’s governor hopes to eliminate the gasoline tax, and South Dakota’s high court kills the voter-approved marijuana legalization.

What is a $17 billion high-tech plant bringing 2,000 jobs worth to state and local policy makers?

Apparently a great deal. The state of Texas and the tiny city of Taylor, 30 miles north of Austin, proved the point Tuesday in announcing they would ...

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