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NC Ends Electricity Tax Break for Data Centers | Raleigh News
North Carolina lawmakers aim to scrap a 20-year-old sales tax break for data centers, saving $21 million next year — but companies still get perks on equipment purchases if they invest $75 million and meet labor standards. The tax incentives, launched in 2006 to lure tech giants like Google, now face scrutiny as AI fuels demand for massive energy-hungry data centers. Governor Josh Stein says the world has changed, and the state must reassess. With a potential veto override on the table, the fate of the electricity exemption hangs in the balance until the legislature votes. Listen in…
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