Word: intell
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More significantly, tax returns showing wages in three income groups ($30,000 to $50,000, $50,000 to $75,000 and $75,000 to $100,000) went up at a faster pace in the 1989-92 period than in the post-Intel era. Only two income groups increased faster in the later years: those at the bottom, with earnings of less than $30,000; and those at the top, with earnings in excess...
...although Intel is one of the largest corporate income taxpayers in the state, it has fared well in recent years. Documents filed with the U.S. Securities and Exchange Commission show that in 1991, Intel paid corporate income taxes to state governments at an effective rate of 8.6%. By 1997, while the company's taxable income had spiraled upward 1,097%, its overall state tax rate had dropped...
...those numbers in more personal terms. Suppose in 1991 you had a household income of $30,000. If your income had gone up at the same rate as Intel's, by 1997 you would have earned $359,100. Yet you would have saved $13,600 in state taxes. And you would owe it to the clout you exercise: the ability to demand and receive special tax treatment...
WASHINGTON: More of Bill Gates?s videotaped testimony dribbled out Monday, as government antitrust lawyers opened up yet another front against the software giant. This time, the subject was Intel -- and the now-familiar blurry image of the billionaire was seen denying an attempt to muscle the chip-makers out of the software business. The feds are concerned about a meeting in August 1995 (when Microsoft appears to have been on something of a rampage, given the alleged Netscape shakedown that came a month before). Gates met with Andy Grove at Intel?s campus, intent on persuading his opposite number...
...question is: Just how persuasive was Gates? To hear the Microsoft boss tell it, he was doing his old pal Andy a favor: "Intel was wasting its money by writing low-quality software that created incompatibilities," Gates says with a shrug on the video. Grove?s account sounds a little more ominous: "We basically caved," he told Fortune magazine later that year. "Life?s too short" to introduce software that Microsoft doesn?t support, he added. Throw in a 1995 memo written by Intel VP Steven McGeady, the government?s latest witness, in which "Gates made vague threats of support...