Big Tech Data Center Boom Drives State Tax Revenue Losses

Major technology companies are leveraging widespread state tax incentives for data center construction, generating massive investments while simultaneously reducing local government revenues.

2 Sept, 19:21 — 2 Sept, 19:21

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fortune16h ago

Big tech is investing millions in data centers and saving a quick tax buck while doing it—leaving some states collecting revenue loss

36 out of the 50 states in the country employ tax incentives for data center development, allowing the projects to save on equipment costs.

By Joshua Hong

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Big Tech Data Center Boom Drives State Tax Revenue Losses

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Big tech is investing millions in data centers and saving a quick tax buck while doing it—leaving some states collecting revenue loss

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