From our favorite group of policy experts . . . This note imagines a better strategy than just handing over big piles of money whilst spiking electric & water costs for smallish communities . . . Check-it:
"Data centers don’t have kids who need teachers. They don’t require much in the realm of public services. What do you think happens when you add huge assessed valuations from businesses that don’t add much to the public service requirements? The answer should be tax cuts, which is exactly what happened in Loudon County, Virginia. The only way these data centers won’t generate large tax cuts is if the local elected officials make a big mistake and approve massive tax subsidies for them.
"Which, of course, is exactly what they will do."
Read more via www.TonysKansasCity.com link . . .
Data Centers Can Bring Their Own Tax Cuts
There is a saying in areas prone to significant flooding that "floods bring their own rain." Like many legends and old wives' tales, it isn't scientifically true, but it has [...]
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