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Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

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Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#81

From https://sherwood.news/tech/hyperion/ >> Per the report, the package of tax breaks and incentives was achieved through local officials bound by nondisclosure agreements, quietly struck legislative deals, and parliamentary sleight of hand to avoid public scrutiny of the deal. >> So the residents of Richland Parish did not have much of a heads-up on what was coming. No voting, no public interests, only closed-door…

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Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#82
post #16

Will the earth’s climate get tax breaks too? What about the people living around these and paying for taxes. What about zero sum game we have here.

The climate doesn't pay taxes. Unless the people living around them are investing $200 million into a datacenter they would not fall under the bill.

> The climate doesn't pay taxes.

It's more likely to impose them.

Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#84

Earlier quoted context omitted.

When the damage is already done?

That is how everyone decision works, yes. That's why you want limited government. Voting where you can't vote with your money is a very low-quality, delayed signal.

If you assume that decision makers operate entirely in silo from their constituents then yes, that's how this works. Howver if you are operating in the normal mode of democracy where decision makers consult impacted parties through town halls, solicited feedback, subcommittees, etc etc then there are ample opportunities to obtain high-quality, low-latency signals. "Voting with your money" is (IM personal O) a scapegoat for government leaders to avoid doing their due-diligence (not to mention the massive power imbalance that results from people with lots of money 'voting' way more than people with less money).

Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#85
post #59
post #16

Will the earth’s climate get tax breaks too? What about the people living around these and paying for taxes. What about zero sum game we have here.

The blinders on people about these things is insane. I'm in Arizona. We are having a water crisis but they are building data centers and oat milk factories. WTF?

The irony is that beef and cattle feed use vastly more water than oat milk production. Oat milk would help reduce water use if its used as a substitute for dairy.

Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#86

Earlier quoted context omitted.

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…

Well said: why does a tax break bother people so much? That feels pretty populist to me: data centers of this magnitude offer a ton of economic benefits to the area and the state, 3.3B in tax breaks are the price to pay to incentivize them to bring the business to the area, which will then provide a net positive financial benefit. I can see plenty of problems with data center construction that should definitely be ad…

Long-term tax-breaks for something like a factory, which will ideally employ hundreds or thousands of people for a very long time? That can make sense. There's a lasting, local benefit, and that benefit can stand some encouragement. Real, local people will have real, local jobs. It can be good.

Datacenters aren't like that. There's a huge construction phase where billions of dollars get spent followed by dozens of long-term employees. The local benefit is mostly just a flash in a pan while the tax break lasts for decades.

Besides, it seems that datacenters are universally unliked by constituents in areas where they pop up. This makes arguments for tax breaks for datacenters seem illogical, at best.

Unilaterally, these favorable arguments come down to something like: "Well, if they didn't offer the tax break here, then Metazonaigoog will just build their new datacenter somewhere else instead!"

To which I can only retort: "Really? You promise? Don't threaten me with a good time -- go ahead and build it somewhere else."

Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#87

From https://sherwood.news/tech/hyperion/ >> Per the report, the package of tax breaks and incentives was achieved through local officials bound by nondisclosure agreements, quietly struck legislative deals, and parliamentary sleight of hand to avoid public scrutiny of the deal. >> So the residents of Richland Parish did not have much of a heads-up on what was coming. No voting, no public interests, only closed-door…

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So, the massive tax breaks that were given at the expense of the residents...how do you explain that away?

Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#88

From https://sherwood.news/tech/hyperion/ >> Per the report, the package of tax breaks and incentives was achieved through local officials bound by nondisclosure agreements, quietly struck legislative deals, and parliamentary sleight of hand to avoid public scrutiny of the deal. >> So the residents of Richland Parish did not have much of a heads-up on what was coming. No voting, no public interests, only closed-door…

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What back-deals are yimbys doing?

There's a huge difference between extremely publically pushing for laws that allow buildings to be built vs private negotiating tax breaks that only affect a singular building.

Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#89

From https://sherwood.news/tech/hyperion/ >> Per the report, the package of tax breaks and incentives was achieved through local officials bound by nondisclosure agreements, quietly struck legislative deals, and parliamentary sleight of hand to avoid public scrutiny of the deal. >> So the residents of Richland Parish did not have much of a heads-up on what was coming. No voting, no public interests, only closed-door…

but there will be voting; all of the elected officials will have to face elections at some point, and voters can put their feet down right now: everyone is voted out.

What negative consequences does being unelected have?

Re: Meta to receive $3.3B in tax breaks for its $10B Louisiana data center

#90
post #26

Earlier quoted context omitted.

Why do you see data centers as "energy parasites"? They are basically the best customers of the grid possible - consistent high usage. This is an opportunity for the US to pursue energy abundance and grow the economy. The only issues these cause is when states make it impossible to deploy more energy. Anti growth environmentalism is so toxic when we could just be pursuing wide spread clean energy and growth.

This is a truly delusional take. A high-consumer that needs constant input provides zero benefits to its neighbors. If datacenter providers want to benefit the grid, they ought to build clean energy production sufficient for their needs and then some as a prerequisite for approval. That would be beneficial to everyone.

The big Meta data center in Louisiana is paying $30 million property taxes to a county that is collects $22 million a year in taxes. It pays tons of money to the utility for power. Utilities should just build more generation to serve demand and everyone wins.

The part of this that is broken is we’ve made it way too hard to spin up more power in this country. Growth can be good for everyone.

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