Data centers got a huge tax break to create WA jobs. Is it paying off?

Trump's First Term: A Historic Era for Manufacturing - NAM

The impact: The Tax Cuts and Jobs Act delivered a 21% corporate tax rate ... The R&D tax deduction has wide bipartisan support—our measure supporting ...

The Mystery Impact of Data Centers on Local Economies Revealed

This $200 million fiscal impact is equivalent to a corporate headquarters creating 1,700 jobs with a $130,000 average salary and making a $40 million capital ...

Virginia Explained: Data center expansion, with all its challenges ...

“The investments we've made today are not only important investments in infrastructure, but they've also added 3,500 jobs in Virginia, and they ...

ProPublica on X: "A decade ago, lawmakers approved a tax break ...

A decade ago, lawmakers approved a tax break for data centers to create more jobs in rural Washington. Today, lawmakers can't say how many ...

THE IMPACT OF DATA CENTERS ON THE STATE AND LOCAL ...

Data centers pay millions of dollars in state and local taxes in Virginia, even though Virginia has a sales and use tax exemption on some equipment for data ...

Data Center Investment Program 2022 Annual Report | Illinois ...

$150M investment creating 50 jobs paying. 150% of average wage or 25 jobs in underserved markets. WA A retail-sales and use tax exemption for purchases and ...

Electric grids need upgrades thanks to data centers. Guess who ...

As data center operators spend billions of dollars, more states have become eager to attract that investment, offering tax breaks and other ...

Soundside on Apple Podcasts

... Data centers guzzle power, threatening WA's clean energy push Seattle Times: Data centers got a huge tax break to create WA jobs. Is it paying off? See ...

Bigger than Google: New data center proposed for Cedar Rapids

An unnamed company is seeking financial incentives to build a massive $750 million data center in the Big Cedar Industrial Center that would create at least ...

The Tax Cuts and Jobs Act Failed To Deliver Promised Benefits

An important body of evidence shows that the corporate tax changes in the 2017 Tax Cuts and Jobs Act failed to produce promised investment or wage increases.

Data centers see pushback across the country - Axios

Data centers are suddenly everywhere — but some say "no thanks" · A contentious meeting last year to approve a huge data center complex in ...

Exclusive: Trump's transition team aims to kill Biden EV tax credit

Tesla sold just under half of all U.S. EVs in the third quarter, according to data from Cox Automotive. Other automakers with notable EV sales ...

States competing for data centers extend $1.5 billion in tax breaks

An Associated Press analysis of state revenue and economic-development records shows that government officials extended nearly $1.5 billion in ...

State Tax News & Views: Data Centers, States Misbehaving, Prom ...

US states have dangled tax breaks to help lure data centers, eager for the investment and jobs—and also the cachet of reeling in big-name tech ...

Newsroom | Internal Revenue Service

Get IRS tax news and sign up for e-News updates. Find information on Form 1040, tax relief, regulations, deadlines, tax guidance and more.

Bosses pocket Trump tax windfall as workers see job promises vanish

But instead of creating jobs and increasing investment into the company, AT&T has eliminated 23,328 jobs since the tax cut bill was passed, ...

Tariff Tracker: Tracking the Economic Impact of the Trump-Biden Tariffs

Based on actual revenue collections data, trade war tariffs have directly increased tax collections by $200 to $300 annually per US household, ...

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The Fiscal Impact of the Harris and Trump Campaign Plans

She has also called for spending and tax breaks for child care, education, long-term care, preschool, paid leave, domestic research and manufacturing, and small ...

Chris Weedon on X: "A Tax Break for Washington Data Centers ...

A Tax Break for Washington Data Centers Promised Jobs. Is It Paying Off? Companies have saved $474 million since 2018.