Episode Details

Virginia lawmakers are weighing whether to keep or scrap tax breaks for data centers — a move that could net $1.9 billion in revenue but risks alienating a key industry. New research shows grants deliver a much stronger return ($15.1M per $1M invested) than data center tax breaks ($6.1M per $1M), yet the latter still ranks among the top 75 state incentives — the only tax exemption to do so. The debate hinges on balancing short-term cash flow against long-term economic risk.

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