alt Hacker NewsSure it is. It's more money in Facebook's pocket, and less in the local coffers. Either services get cut, or residents pay more.
If the IRS gives me a 10% tax break, I have more money, and the government has less, right?
Sure it is. It's more money in Facebook's pocket, and less in the local coffers. Either services get cut, or residents pay more.
If the IRS gives me a 10% tax break, I have more money, and the government has less, right?
But it's not less in local coffers. If the incentive was not given, the datacenter would not be built there. The state government wants it to be built there to increase economic activity in their state.
Residents aren't paying more for anything and no services are being cut.