Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
1–10 of 128 posts
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#2[deleted]
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#3Do not negotiate with terrorists. They need to build this datacenter somewhere, so if no city/state yields to their demands they will build it anyway, without any tax breaks.
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#4> After construction wraps, with 18 remaining years of tax abatement, there will be a $270,000 tax shortfall for every full-time position created.
Maybe add a $270k tax to each of those employees to break even? /s
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#5From the linked MPR article (https://www.mprnews.org/story/2019/02/25/wind-energy-tax-bre...)
> A Google data center often attracts other major technology-based companies to invest in the same area, Bertram said.
I'm confused why this would be. What economic benefit would proximity to a Google data center bring, besides lower latency to some of Google's services? I can't imagine 15ms lower latency to a Google service being the deciding factor for where to locate your company.
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#6Do not negotiate with terrorists. They need to build this datacenter somewhere, so if no city/state yields to their demands they will build it anyway, without any tax breaks.
But digging deep into the pockets of the middle class is just so easy these days.
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#7Do not negotiate with terrorists. They need to build this datacenter somewhere, so if no city/state yields to their demands they will build it anyway, without any tax breaks.
If only the states could form some kind of democratic collective action mechanism to avoid getting ripped off like this, some kind of union of states.
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#8> After construction wraps, with 18 remaining years of tax abatement, there will be a $270,000 tax shortfall for every full-time position created. Maybe add a $270k tax to each of those employees to break even? /s
That figure is for 18 years; it's actually $15k per employee per year.
Adding a tax to offset the tax abatement seems to defeat the purpose.
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#9Do not negotiate with terrorists. They need to build this datacenter somewhere, so if no city/state yields to their demands they will build it anyway, without any tax breaks.
If only the states could form some kind of democratic collective action mechanism to avoid getting ripped off like this, some kind of union of states.
Well, isn't it in the collective's best interest that playing favoritism with corporate welfare (or any welfare favoritism) should be outlawed?
Re: Google Wants $15M in Tax Breaks to Build a Data Center in Minnesota
#10From the linked MPR article ( https://www.mprnews.org/story/2019/02/25/wind-energy-tax-bre... ) > A Google data center often attracts other major technology-based companies to invest in the same area, Bertram said. I'm confused why this would be. What economic benefit would proximity to a Google data center bring, besides lower latency to some of Google's services? I can't imagine 15ms lower latency to a Google servi…
Maybe providing auxiliary technical services that are best done locally... though at the moment I can't think of anything that is high-margin and scales well.