Study Supported by Surdna Shows Tech Companies Exploit Public Subsidies

Tuesday, October 25, 2016

Study Supported by Surdna Shows Tech Companies Exploit Public Subsidies

States and localities are giving cash-rich tech giants an average of $2 million per job for data centers the companies must build to run “the cloud.”

Indeed, the companies are so aggressive playing states against each other that more than half the states have even enacted new data center-specific tax break programs.

But the companies actually care most about cheap electricity and stable settings, not taxpayer subsidies...

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