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by dleavitt
2731 days ago
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Yeah, not a great article and doesn't seem concerned with the "why." A couple of possible explanations: 1. There are beneficial effects other than tax revenue - maybe these municipalities are hoping the new data centers will help turn them into hubs - draw other businesses, talented workers, etc. 2. The decision-makers' incentives aren't well-aligned with those of the municipality. Maybe the local business owners who fund their campaigns benefit disproportionately from these big projects. Maybe the headline of "brought Apple to North Carolina" outweighs the actual, harmful effects of the deal they signed when the next election comes around, etc. |
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