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Texas Data Center Exemption: $3B Loss, Looming Crisis
Published 1 month ago
Description
Texas faces a significant financial loss of at least $3.1 billion in sales tax revenue over the next two years due to a data center industry exemption, with projections showing up to $1.8 billion annually by 2030. Lawmakers and locals are calling for changes, while industry advocates argue the exemption keeps Texas competitive. The state must balance maintaining its tech boom with fiscal responsibility.
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