Senate Democrats report says data center tax breaks cost billions in lost revenue
Overview
A new report from Senate Democrats says generous state and local tax breaks for data center construction are costing governments billions of dollars in lost tax revenue.
The report links those breaks to part of the data center building boom. The source does not give the report's time period, the states it covers, or the exact dollar figures.
Written by AI from the articles below · updated Oct 9, 4:31 PM ET
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- Bloomberg · TechnologyNewsTax breaks partly fuel data center boom, Democratic report says
AISenate Democrats say generous state and local tax breaks for data center construction are costing governments billions of dollars in lost tax revenue, according to a new report. The report links the tax breaks to part of the data center building boom. The source does not specify the report's time period, the states covered, or the exact dollar figures.
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