| ▲ | moron4hire 7 hours ago | |||||||||||||
The modern "data center project" looks more and more like building a stadium for a professional sports team. Oh sure, you can make the argument about how it's going to drive sales tax revenue and create jobs and all that. But then the reality sets in. The massive property and corporate income tax breaks and subsidies and land use variances that were all negotiated as part of the deal come to roost. The jobs aren't upwardly mobile jobs. The income tax revenue isn't enough to offset all the other breaks. And you end up with a yolk saddled on the backs of the working class. Of which the bachelor degreed workforce necessary to make something like a data center happen gets treated more and more like a trade than a profession. Back in the 90s when NAFTA was on everyone's tongues, something like a data center would have been a huge boon to the local economy. And let us be clear, "local economy" means families. But today, things like this study, show that people have no confidence the Invisible Hand is working for them anymore. | ||||||||||||||
| ▲ | gruez 7 hours ago | parent [-] | |||||||||||||
>But then the reality sets in. The massive property and corporate income tax breaks and subsidies and land use variances that were all negotiated as part of the deal come to roost. The jobs aren't upwardly mobile jobs. The income tax revenue isn't enough to offset all the other breaks. Then it sounds like the issue is subsidized datacenters, and the solution is simple: don't subsidize them. | ||||||||||||||
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