Louisiana Hands Meta a Tax Break and Power for Its Biggest Data Center

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Louisiana Hands Meta a Tax Break and Power for Its Biggest Data Center

Meta, formerly known as Facebook, has been granted a tax break and power for its largest data center in…

Louisiana Hands Meta a Tax Break and Power for Its Biggest Data Center

Louisiana Hands Meta a Tax Break and Power for Its Biggest Data Center

Meta, formerly known as Facebook, has been granted a tax break and power for its largest data center in Louisiana. The data center, located in Jefferson Parish, will benefit from a 10-year tax exemption on property that includes computer equipment and other infrastructure.

The tax break was approved by the Jefferson Parish Council, with the hope that it will attract more tech companies to the area and create jobs. Meta has also been granted permission to have its own power substation, allowing it to have more control over its energy supply.

This move is seen as a win-win for both Meta and Louisiana, as it will boost the tech industry in the state and bring economic benefits to the area. However, some critics argue that the tax break gives too much power to a giant corporation like Meta.

Despite the controversy, Meta has stated that it is committed to being a good corporate citizen and will work closely with the community to ensure the benefits of the data center are felt by all.

In conclusion, the tax break and power granted to Meta for its biggest data center in Louisiana could have a significant impact on the tech industry in the state and boost economic growth in the region.

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