alt Hacker NewsBut 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.
> But it's not less in local coffers.
The local government is giving a local tax break, which comes out of their local tax revenue.
> If the incentive was not given, the datacenter would not be built there.
Objection, your honor, assuming facts not in evidence!
(Nor are the incentives any sort of guarantee. https://www.cnbc.com/2021/04/21/foxconn-mostly-abandons-10-b...)
> Residents aren't paying more for anything and no services are being cut.
They are receiving less tax revenue than they would have otherwise had to use on their services.