A better use of data center revenue?
There are many concerning provisions to the recently passed state law (HB 2014) dealing with Data Center and Microgrid projects, but a recent article in The Inter-Mountain detailing how tax revenue from these projects would be used to benefit the citizens of West Virginia was particularly concerning. The law allocates 50% of such revenues to reduce or eliminate the state income tax. While the idea is appealing, it will benefit the wealthiest West Virginians disproportionately, while providing little or no tax relief for less wealthy citizens, whose tax burden is largely through ...