I hear your argument. However, you assume CloudFlare pays taxes and utility rates comparable to what other customers pay. That is never the case with large businesses. CloudFlare seems to be less parasitic than others in the industry, but they are not doing this for the charity.

For example, in 2024 JPMorgan received a $77m subsidy to build a datacenter that created only one permanent job.

https://nysfocus.com/2026/04/20/data-center-tax-break-jpmorg...

Why should that matter? If a counterparty gives them a deal they should take it.