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Kentucky's Billion-Dollar Data Center Gamble | Lexington News
Kentucky’s risking billions in lost sales tax revenue by approving massive data center tax breaks—potentially $1.2 to $2.2 billion during construction alone—for four proposed facilities. With exemptions lasting up to 50 years, the state could be handing out a huge subsidy that might never pay off, especially since these projects don’t create many jobs. Critics argue the incentives are too generous, while others push for fair comparisons with other industries. Meanwhile, neighboring states are already scaling back or pausing similar deals. Kentucky’s lawmakers are caught in a high-stakes…
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