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Regional News

Intel Tax-break Plan Approved


(Hillsboro, OR)  --  A plan to provide Intel with two-billion dollars in potential property-tax breaks over 30 years is moving forward.  The Hillsboro City Council and the Washington County Board of Commissioners approved the deal yesterday.  The two-billion in tax breaks is based on 100-billion dollars in local investment by the tech giant.  "The Oregonian" reports the property tax breaks, which will apply only to equipment, are made possible by Oregon's Strategic Investment Program.


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