The construction of Apple’s new $5 billion campus in Cupertino, Calif., has raised tensions over whether the company and other large employers should pay more in taxes to local communities to help offset their impact on local infrastructure.
Many people in Cupertino have begun to organize and focus on Silicon Valley’s aging transportation networks. Frustrated by traffic and noise, some residents want to stop further development. Traffic woes have been occasionally worsened by temporary road closures related to Apple’s new headquarters construction.
Apple paid $9.2 million in taxes to Cupertino from 2012 to 2013, according to a report in the Guardian. In the 2012 fiscal year, Apple tallied $156.5 billion in sales. The city gives Apple an annual tax break on business-to-business sales that started in 1997, when Apple was on the verge of collapse, the Guardian reported.
Cupertino Mayor Barry Chang, who has butted heads with Apple over the issue, says the high-tech giant should pay more taxes to the city, but doesn’t want to see limits on new development for fear that they could harm the regional economy.
Related Stories
Resiliency | Feb 16, 2016
Obama establishes federal earthquake risk management standard
The standard requires federal agencies to use earthquake-resistant design provisions in current building codes.
Codes and Standards | Feb 12, 2016
ISO releases national assessment and state-by-state building codes evaluation
Report covers 87% of U.S. population.
Codes and Standards | Feb 12, 2016
Huge fraud case involving alleged engineering impostors uncovered in California
Hundreds of buildings may have to be demolished.
Codes and Standards | Feb 11, 2016
New York governor makes emergency design-build authorization
The declaration was issued in response to Winter Storm Jonas which dumped over 18 inches of snow in parts of the state.
Green | Jan 29, 2016
USGBC names top 10 states for LEED green building
Illinois leads the list for the third straight year.
Codes and Standards | Jan 25, 2016
Dept. of Energy releases decision guides for plug and process loads
Plug and process loads consume about 30% of the primary energy in U.S. commercial buildings today.
Codes and Standards | Jan 22, 2016
ConsensusDocs releases new multi-party IPD agreement and joining agreement
The documents serve as a comprehensive revision of previous IPD agreement
Codes and Standards | Jan 22, 2016
State Savings Calculator analyzes savings associated with energy codes
The calculator breaks down the cost-effectiveness of energy codes on a state-by-state basis.
Codes and Standards | Jan 22, 2016
Metal Roofing Seaming Guide published by Metal Construction Association
The free document is specifically tailored for metal roof installation.
Codes and Standards | Jan 22, 2016
Treasury Dept. will start crackdown on illicit money in luxury real estate
The move is expected to impact high-end condo development.
