Study Details Economic Benefits of Data Centers, Factoring for Lost Taxes

Study details economic benefits of data centers, factoring for lost taxes

UGA's Carl Vinson Institute of Government analysis shows state gave away $474 million in taxes in one year by exempting data centers.

State says data centers a boon to economy despite tax breaks

ATLANTA — Data centers promise to enrich Georgia even as the state is giving them nearly half a billion dollars a year in tax breaks, according to a recent state analysis.

With state's coffers flush, there are lots of tax cut ideas

As this election-year General Assembly nears, the state of Georgia finds itself in much better shape than many of its citizens. State budget reserves are still flush from the windfall that came with the reopening of the U.S. economy after the COVID shutdown, with about four times the money the reserves held five years ago. Even though University of Georgia economists cautioned recently that the state’s economy will grow only a little faster than…