{"id":30932,"date":"2018-01-24T05:45:56","date_gmt":"2018-01-24T10:45:56","guid":{"rendered":"http:\/\/admin.patheos.com\/blogs\/geneveith\/?p=30932"},"modified":"2018-01-23T19:25:24","modified_gmt":"2018-01-24T00:25:24","slug":"who-gets-the-new-amazon-apple-campuses","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/geneveith\/2018\/01\/who-gets-the-new-amazon-apple-campuses\/","title":{"rendered":"Who Gets the New Amazon & Apple Campuses?"},"content":{"rendered":"\n<\/head>

\"1024px-Apple_Campus_One_Infinite_Loop_Sign\"<\/a><\/p>\n

Two of the biggest tech companies, Apple and Amazon, are planning new \u201ccampuses,\u201d planning to share the wealth with other American cities by breaking out of their Silicon Valley and Seattle enclaves.\u00a0 (Note the knowledge-based metaphor:\u00a0 not \u201coffices,\u201d implying bureaucracy, or \u201cfacilities,\u201d like a factory, but \u201ccampuses\u201d like a university.)\u00a0 Cities are competing with each other to lure the huge companies with their host of well-paying jobs.\u00a0 These expansions\u00a0tell us some things about today\u2019s economy.<\/p>\n

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First of all, the tax cuts are working already.\u00a0 Apple announced plans <\/a>to repatriate $245 billion from its overseas accounts, taking advantage of the new tax bill\u2019s incentive to do so.\u00a0 Companies that bring their money back into this country will only have to pay a tax of 15.5%, which in Apple\u2019s case means $38 billion going into the U.S. Treasury.\u00a0 Apple will also be taking advantage of the lowered corporate tax rate of 21%, down from 35%, to keep more of its operations in the United States.<\/p>\n

In response, Apple\u00a0pledged <\/a>to invest $350 billion in the United States over the next five years and to add some 20,000 new jobs.\u00a0 This will include a\u00a0second campus somewhere else in the U.S. in addition to its soon-to-be-expanded Cupertino, CA, headquarters, concentrating on\u00a0customer service.<\/p>\n

Amazon<\/a> is further along in its plans to build a second headquarters to supplement its Seattle operations.\u00a0 A total of 268 cities and towns submitted proposals in an effort to persuade Amazon to locate there, touting their virtues and offering incentives like tax breaks and prime real estate.<\/p>\n

The company has announced the 20 cities that are finalists:<\/p>\n