Comment by BeetleB
10 hours ago
He's not saying it's economically unfeasible to build where taxed. He's saying they'll simply build elsewhere where they won't be taxed.
About a decade ago, a bunch of data center companies got fantastic deals with my city (low/no tax). People are pretty upset about it. A few years in there was a report on how many people they employeed. I think combined it was under 10 who lived in the area.
I mean, just look at what happened with Foxconn in Racine, WI: https://www.nbcchicago.com/news/local/what-happened-to-foxco...
The community is a heck of a lot poorer now because they were convinced to offer incentives for a factory that never came. Once these firms can dangle hope in return for tax treatment or infrastructure, then you have a zero-sum game between townships where the winner — if there is a winner — ends up being the firm first, and the loser — if there is a loser, will be the township first.