[cycrutchfield]

> an economic situation that allows developers to benefit significantly without these benefits necessarily passing into the community

Does the development of that land not result in increased property taxes to fund local services?

[mikeyouse]

Almost all of these deals come with asinine property tax abatements gifted by the local jurisdictions to the wealthiest companies on earth.

Sure enough - Intel's package there is worth a few hundred million: https://www.dispatch.com/story/business/2022/09/23/ohio-pois....

It's a game all of these firms play - have locales compete against each other (In some cases literally like the HQ2 debacle from Amazon) to see who can provide the largest package of tax incentives and subsidies and then hope nobody follows up on the absolute fantasy financial / Economic impact projections that were made.

[rotten]

The opposite. It is those of us who live here who are paying for the new water and sewer lines and roads and street lights and law enforcement. Not the developers nor the big corporations who are getting abatements.

[ErikCorry]

You said "The Intel project is paying for highway development the power and sewer extensions and more."?

[rotten]

The Project, not Intel. It is Intel Project motivating the improvements which are making it possible for AWS, the box stores, the fast food joints, Google, and others to move in too. Intel the focal point for the money from the local governments, the state government, and the federal government to help make this happen.