Comment on Data centers get tax breaks. Not you though.

• K1nsey6@lemmy.world ⁨6⁩ ⁨hours⁩ ago

  They get huge tax breaks on things property, excise, abatement incentives. Not sales like this post claimed

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  • prole@lemmy.blahaj.zone ⁨5⁩ ⁨hours⁩ ago

    cleveland.com/…/ohios-biggest-data-centers-secure…

    Amazon, Meta and Google all signed agreements between 2014 and 2018 that granted them 100% sales tax exemptions for up to 40 years on any facility built in Ohio if the companies invested a certain amount in the state.

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    • K1nsey6@lemmy.world ⁨5⁩ ⁨hours⁩ ago

      All equipment required to produce a final product, in this case data, are sales tax exempt in Ohio and most other states.

      Additionally, machinery and equipment used directly in manufacturing processes are exempt, as are specific warehouse and inventory supplies essential for operations

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• Sprocketfree@sh.itjust.works ⁨16⁩ ⁨hours⁩ ago

  The purchaser doesn’t pay sales tax though. You pay sales tax when you “sell”

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  • prole@lemmy.blahaj.zone ⁨5⁩ ⁨hours⁩ ago

    You’ve got it backwards. Sales tax is what the person purchasing the thing pays.

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    • Sprocketfree@sh.itjust.works ⁨46⁩ ⁨minutes⁩ ago

      No, you actually pay the tax on the sale. But culturally we’ve just moved that to the buyer. The seller “collects” that tax you see in the receipt and pays the IRS. You don’t ever actually pay the tax to the IRS as the buyer.

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    • K1nsey6@lemmy.world ⁨5⁩ ⁨hours⁩ ago

      The end user pays the tax, no one in between, which includes the purchase of equipment used to manufacture a final product

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• kandoh@reddthat.com ⁨19⁩ ⁨hours⁩ ago

  Yea but it helps make sure the purchasing of said equipment goes to local suppliers. If they buy from out of state there is no revenue anyways, at least this benifits the local economy.

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