States are reconsidering tax exemptions for data centers due to rising costs and limited job creation. Ohio, facing significant revenue losses from these exemptions, is contemplating rolling back incentives amid concerns about resource consumption. The proliferation of data centers, driven by the AI boom, has led to skepticism among residents and lawmakers about their long-term economic benefits versus environmental impact.
Data Centers Won Billions in Tax Breaks. Some States Are Balking
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Resource Type: News
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Author:
Daniel Moore
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Bloomberg Tax
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