# Report says Intel tax breaks cost Oregon and New Mexico authorities $1.2bn

- URL: https://talkfuse.com/story/intel-gets-tax-breaks-while-local-authorities-lose-revenue-claims-policy-org/
- Published: 2026-10-28T12:45:00+00:00
- Updated: 2026-10-28T13:09:57+00:00
- Original publisher: The Register
- Original article: https://www.theregister.com/systems/2026/10/28/intel-gets-tax-breaks-while-local-authorities-lose-revenue-claims-policy-org/5305902
- Topics: Americas, Government, Politics, World

## Key points

- Report says Intel tax breaks cost local areas over $1.2 billion.
- Schools bore much of the reported revenue shortfall.
- Good Jobs First questions the need for continued incentives.

## Summary

A Good Jobs First report says tax breaks for Intel’s established semiconductor plants in Oregon and New Mexico have deprived local authorities of more than $1.2 billion in property tax revenue since 2015. It argues that much of the shortfall has affected schools, and questions whether decades-old facilities still need public incentives to attract investment.

The report estimates Oregon property tax abatements at at least $1.14 billion, while Hillsboro schools lost $891 million from 2017 to 2025; Intel paid $552.4 million in fees over that period. In New Mexico, it puts foregone property tax revenue at $99.6 million since 2017 and Rio Rancho schools’ losses at $43.4 million, while Intel made $41.6 million in payments to local governments. Good Jobs First also cites more than 4,700 Intel job cuts at the two states’ facilities in the past three years, alongside federal semiconductor support, and recommends that communities scrutinise the case for continued subsidies.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.