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> After construction wraps, with 18 remaining years of tax abatement, there will be a $270,000 tax shortfall for every full-time position created. Maybe add a
by pkaye 8y ago
> After construction wraps, with 18 remaining years of tax abatement, there will be a $270,000 tax shortfall for every full-time position created.
Maybe add a $270k tax to each of those employees to break even? /s
- tantalor 8y agoThat figure is for 18 years; it's actually $15k per employee per year. Adding a tax to offset the tax abatement seems to defeat the purpose.
- jonas21 8y agoIt's also excluding the 2300 people constructing the datacenter for 1.5 to 2 years. Overall, it sounds like they're trading $15M in tax credits for between 4350 and 5500 person-years of jobs over 20 years. So around $2700 to $3500 per person-year.
- rtkwe 8y ago2300 seems way high even if you're counting each different person that comes through and most of those won't be working the whole time. They'll come through and do electrical/HVAC/frame construction/etc for a few months then leave. Only a few will be there the whole construction and those will mostly be management and supervisor/contractor roles.
- deleted 8y ago[deleted]