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How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate Giveaways (www.propublica.org)

submitted 3 months ago by [email protected] to c/[email protected]

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One of Washington’s largest corporate tax breaks has grown alongside a data center boom in Central Washington, including this data center in East Wenatchee owned by the Sabey Corp. Despite forgoing more than $474 million since 2018, the state can’t say how many jobs were created by the tax break. During that same time frame, it also hasn’t evaluated whether the revenue loss was worth it.

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[–] [email protected] 12 points 3 months ago (1 children)

Hint: the answer is very likely no..

[–] [email protected] 4 points 3 months ago

Taxpyer is the ultimate bagholder in today's economy. All the risk, all the costs zero fucking return.

buT 20 JoBs we MaDE for PeAsaNTs rhEee