Sen. Bernie Moreno (R-OH) introduced a bill on Thursday that would cancel out any local or state tax incentives to data centers by imposing a 100% federal tax on any local tax break or incentive given to the AI infrastructure. Moreno’s bill is called the Recapturing Excessive Corporate Largesse through Accountability and Incentive Measures, or […]
Sen. Bernie Moreno (R-OH) introduced a bill on Thursday that would cancel out any local or state tax incentives to data centers by imposing a 100% federal tax on any local tax break or incentive given to the AI infrastructure. Moreno’s bill is called the Recapturing Excessive Corporate Largesse through Accountability and Incentive Measures, or […]
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