Here's How Meth Town Fights EPIC Data Center Tax Breaks

Credit where it's due . . . This is actually an inspiring story . . .

The hasty civic process before a vote to give a 90% tax abatement on up to $150.6 billion in investment for the data center campus over 20 years. 

Independence City Council is expected to vote on the issue March 2. Approval would mean the data center developer would pay a fraction of what the taxes on buildings, land and equipment would be without tax abatement — paid in the form of PILOT (payment in lieu of taxes) fees. 

The abatements represent a $6.26 billion tax break spread out over 20 years for Nebius — a technology company headquartered in Amsterdam, Netherlands, that’s behind the project.

Read more via www.TonysKansasCity.com link . . .

Independence weighs tax abatement for hyper-scale AI data center