This is completely insane

These States are effectively helping finance a significant portion of data centers’ costs through tax exemptions

Source

  • very_well_lost@lemmy.worldEnglish
    61·
    6 days ago

    Okay, sure… But a dozen IT salaries doesn’t even come close to justifying multi-hundred-million dollar state subsidies. Local governments will be lucky to see a five-figure return on that investment in the form of employee W2s.

    And meanwhile the local cost of power and water is going to skyrocket in the area… all so 12 guys in a community of 1000s can make 70k a year? Unreal.