My viewpoint has always been that if there's enough demand, it'll get built regardless of tax breaks. But once one place cracks even the tiniest bit, it all falls apart. Apes together strong.
They talk about subsidies, "draining its coffers", and "taxpayers helping some of the richest corporations on the planet buy servers, equipment, and power infrastructure", but it doesn't seem like they have lost any money, just that the tax breaks mean that they haven't earned as much as they could.
Not that I think that those datacenters should have those tax breaks, but the language seems quite misleading if not an outright lie, presumably without those the datacenters would have been built elsewhere.
> presumably without those the datacenters would have been built elsewhere.
presumably without the tax breaks someone else could have bought those products, used the land/resources while paying for their fair share. Billions that should have gone to support tax payers aren't there now so I think "taxpayers helping some of the richest corporations on the planet buy servers, equipment, and power infrastructure" seems fair.
it is a case of socialize the losses, privatize the gains.
regarding tax payers, the biggest sins of new data centers seem to be:
* driving power bills parabolic due to no mandated investment in power generation or delivery grid
* consuming water from the city system far beyond normal usage; water bills go up for normal people
* pollution; xAI in memphis illegally uses gas turbines with no pollution controls; air is very dirty around their data center; data centers apparently are noisy in places
legislation is needed to force costs currently being borne by normal people back on to the data centers reaping all of the profit.
My viewpoint has always been that if there's enough demand, it'll get built regardless of tax breaks. But once one place cracks even the tiniest bit, it all falls apart. Apes together strong.
Tax the tokens
Don't let them steal resources and take from society without giving anything back
100% tax now
Please don't tax by token, that would be very silly and the only benefit I can see is it's simple and has alliteration.
They talk about subsidies, "draining its coffers", and "taxpayers helping some of the richest corporations on the planet buy servers, equipment, and power infrastructure", but it doesn't seem like they have lost any money, just that the tax breaks mean that they haven't earned as much as they could.
Not that I think that those datacenters should have those tax breaks, but the language seems quite misleading if not an outright lie, presumably without those the datacenters would have been built elsewhere.
> presumably without those the datacenters would have been built elsewhere.
presumably without the tax breaks someone else could have bought those products, used the land/resources while paying for their fair share. Billions that should have gone to support tax payers aren't there now so I think "taxpayers helping some of the richest corporations on the planet buy servers, equipment, and power infrastructure" seems fair.
it is a case of socialize the losses, privatize the gains.
regarding tax payers, the biggest sins of new data centers seem to be: * driving power bills parabolic due to no mandated investment in power generation or delivery grid * consuming water from the city system far beyond normal usage; water bills go up for normal people * pollution; xAI in memphis illegally uses gas turbines with no pollution controls; air is very dirty around their data center; data centers apparently are noisy in places
legislation is needed to force costs currently being borne by normal people back on to the data centers reaping all of the profit.
large corporations moving doing things like datacenters drain significant resources, and resources cost money, which you then lose.
John Oliver on tax breaks: https://www.youtube.com/watch?v=8bl19RoR7lc