Intel CEO endorses Romney

Intel CEO endorses Romney

Intel chief Paul Otellini joined a roster of business leaders backing Republican nominee Mitt Romney.

Intel's chief had already given $5,000 to the Romney campaign during this election cycle, and another $40,000 to House Speaker John Boehner and national Republican organizations.

Intel has generally stayed out of political affairs here, though in the 1990s the company campaigned -- successfully -- for major changes in Oregon's tax structure. The resulting changes enabled valuable tax exemptions on Intel's manufacturing equipment and a big cut to its corporate income tax bill.

Read more at OregonLive.com.

{biztweet}intel romney{/biztweet}