| ▲ | measurablefunc 2 hours ago |
| I've never seen a cent go to any service in my local municipality from Meta's taxes & whatever does end up in the city coffers is not big enough to have any real effect b/c those services could just as easily be financed by direct payments instead of some circuitous route of federal, state, & sales taxes from transactions enabled by corporations like Meta. If I was in SF & working for Google or Meta then maybe you might have a point but I'm not in SF or any major metropolitan area so from my perspective the whole thing is actually a net negative. |
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| ▲ | rcpt 2 hours ago | parent | next [-] |
| Those workers pay quite a lot of federal taxes |
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| ▲ | measurablefunc 2 hours ago | parent [-] | | Meta takes more in than whatever it pays back¹ > Meta Platforms reported annual income taxes of $25.474 billion for 2025, driven by massive profit margins and a major one-time tax charge stemming from the One Big Beautiful Bill Act (OBBBA). Despite massive recorded U.S. income, Meta's effective federal tax cash rate dropped to just over 3.5% due to extensive research and development (R&D) credits, stock option tax breaks, and bonus depreciation. https://share.google/aimode/INoZEto9gPbRPilrV | | |
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| ▲ | simianwords 2 hours ago | parent | prev [-] |
| Brief google search shows that most Meta DC's give around ~15M per year taxes on average per year. I'm not sure what circuitous route you are speaking about. https://www.northernpublicradio.org/wnij-news/2024-12-02/dek... https://ipmnewsroom.org/how-do-data-centers-benefit-the-plac... |
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| ▲ | 2 hours ago | parent | next [-] | | [deleted] | |
| ▲ | measurablefunc 2 hours ago | parent | prev [-] | | Meta is an unnecessary middleman, all those payments could be handled w/o them & their advertising network. Also, from your own link > META received a 55 percent tax break as part of the Enterprise Zone Tax abatement program, which is a state initiative | | |
| ▲ | simianwords 2 hours ago | parent [-] | | This doesn't make any sense. You asked this > How do I, as an ordinary person, benefit from Meta's data centres? And I gave the answer. How do you think you can eliminate the middleman? > Enterprise Zone Tax abatement program The amount I showed was after accounting for the Tax abatement program. And its almost as if there's a reason the state wants to have this program in the first place. Almost as if it helps broader society. | | |
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