Governor Maura Healey and different state officers have misinterpret the federal CHIPS Act, which incorporates $39 billion for brand spanking new semiconductor factories (”Huge CHIPS tasks sluggish to materialize in Mass.,” Enterprise, April 10). The act doesn’t require matching subsidies or different giveaways from states, however after all Massachusetts microchip producers are all too glad to double-dip.
Because the tax coverage watchdog group Good Jobs First has identified, the CHIPS Act is just not supposed to empty state or native coffers by bankrolling subsidy megadeals, however quite to assist construct extra resilient economies with investments in workforce growth and public items apart from direct-to-company help.
Massachusetts definitely has the expertise to draw extra semiconductor trade funding. Nonetheless, until our tax {dollars} are used to create extra reasonably priced housing and shore up our transportation infrastructure, this trade will maintain wanting elsewhere.
Rand Wilson
Somerville
The author co-founded the Mass Excessive Tech Staff Community within the Nineteen Eighties and the Marketing campaign for Accountable Know-how in 1993.