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Now if they can actually do something with AI that is meaningful? I assume Mark is trying to reach for like some crazy goal instead of just getting reasonable products to market. I've known the type of person who chases the stars instead of just taking their time, building up the core and then snowballing into greatness.
No one likes to see big companies avoid taxes. But I don't see what other options are available for states to compete with each other if not through tax breaks. Edit: I suppose if you ban tax breaks, if a state wants to be competitive, they still can but through modifying the tax code for everyone instead of giving certain people exceptions. That doesn't seem like a terrible alternative..
No one likes to see big companies avoid taxes. But I don't see what other options are available for states to compete with each other if not through tax breaks. Edit: I suppose if you ban tax breaks, if a state wants to be competitive, they still can but through modifying the tax code for everyone instead of giving certain people exceptions. That doesn't seem like a terrible alternative..
No one likes to see big companies avoid taxes. But I don't see what other options are available for states to compete with each other if not through tax breaks. Edit: I suppose if you ban tax breaks, if a state wants to be competitive, they still can but through modifying the tax code for everyone instead of giving certain people exceptions. That doesn't seem like a terrible alternative..
Compete for what exactly, in this case?
No one likes to see big companies avoid taxes. But I don't see what other options are available for states to compete with each other if not through tax breaks. Edit: I suppose if you ban tax breaks, if a state wants to be competitive, they still can but through modifying the tax code for everyone instead of giving certain people exceptions. That doesn't seem like a terrible alternative..
Compete for what exactly, in this case?
> Hyperion will be exempt from state and local sales and use taxes on its data center equipment for the next 20 years, which includes the GPUs that train and develop AI models. Sherwood News estimated that since the state’s combined state and local sales tax stands at 9.56%, spending the roughly $35 billion for the GPUs of the center will hand the firm about $3.3 billion in tax breaks.
If they are willing to spend 35B there's no doubt they could spend 30B without asking the government to reach into the people's wallet. The US needs to do something about lobbying. It seems too late already, but maybe you can get things to improve a bit.
No one likes to see big companies avoid taxes. But I don't see what other options are available for states to compete with each other if not through tax breaks. Edit: I suppose if you ban tax breaks, if a state wants to be competitive, they still can but through modifying the tax code for everyone instead of giving certain people exceptions. That doesn't seem like a terrible alternative..
Earlier quoted context omitted.
If they are willing to spend 35B there's no doubt they could spend 30B without asking the government to reach into the people's wallet. The US needs to do something about lobbying. It seems too late already, but maybe you can get things to improve a bit.
Do you have evidence that lobbying is what produced this outcome?
Earlier quoted context omitted.
If they are willing to spend 35B there's no doubt they could spend 30B without asking the government to reach into the people's wallet. The US needs to do something about lobbying. It seems too late already, but maybe you can get things to improve a bit.
It's tempting to blame any political outcome you don't like on lobbying. It allows you to believe that almost no one supports the outcome that you don't like, because you can blame it on politicians manage to be bought by a small number of lobbyists. But it might not be the case. Several states (I believe Texas, Georgia, and Indiana) don't charge sales tax to data centers. So from Louisiana's perspective, the alterna…