Chart: Andrea Vittorio/Bloomberg Tax
MORE THAN 4,000 DATA CENTERS now dot the US, and competition among state and local governments to lure them remains fierce.
- But the facilities underlying the artificial intelligence explosion create a small fraction of the permanent jobs traditional factories do, making them targets for politicians looking to pay for income and property tax cuts.
- Amid the data center boom and residents’ concerns about the resources required to power them—a single data center can consume as much power as a mid-sized city—Ohio and other states have begun considering rolling back tax exemptions for future sites.
- Ohio, which has a 5.75% sales ...