Ohio’s Big Tech Tax Breaks Under Fire

Ohio just handed out $2.3 billion in tax breaks to 18 data center companies, with tech giants Meta, Google, and Amazon getting 40-year, 100% exemptions worth $1.8 billion — deals made under the previous administration. Lawmakers now want to cap future exemptions at 50% after learning last year’s tax breaks cost $1.6 billion. While officials argue these deals bring back $18 for every $1 spent and help Ohio compete for big tech, new legislation could also require companies to pay for electricity and manage water usage — though it won’t touch existing deals, potentially giving the big three an edge over newcomers. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d03aba37337ccc97