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Floyd County, Iowa | Just how many new, permanent jobs do you think will develop from these data centers?? It doesn't take much labor to monitor and tend to them on a daily basis. Serious maintenance and repairs are done by specialized crews that come in as needed.
As far as property taxes from these, I suspect it will be similar to tax income from wind towers. Much less than most people expect, due to tax structuring by county and state. They don't pay on more than 30% of value, and that's after they get 2 years of no tax in the beginning. Then in 7 years, they can sell it and the buyers get the same tax "gifts". | |
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Stock Market - OUCH
