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Virginia Tax Revenue Losses to Data Centers Soar to $1.6 Billion for FY25

Summary

Virginia's data center tax exemptions cost $1.6 billion in foregone sales and use tax revenue for FY2025 — up 118 percent from the prior year. Illinois stops disclosing its own data center subsidy losses. A Georgia fiscal analysis finds 70 percent of projects there would have happened without tax breaks, with annual losses projected to reach $866.7 million by 2030.

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Organization:
Good Jobs First

Published date:

January 6, 2026

Impact Type:

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