RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 1 month ago

Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

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Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 1 month ago

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Meta's $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state's entire police budget | Fortune

States are awarding more than $5.6 billion annually to data center developers, and that’s a conservative estimate.

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turtlesareneat@piefed.ca
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1 month ago
Yeah but you know why the tax breaks are actually given, just like we all do.

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