I just heard the announcement that Microsoft will build a $500 Million data center in Iowa. This would not have happened if the Governor hadn’t arranged tax breaks as an incentive.
Bill Gates, the World’s Richest Man, does not need Corporate Welfare payments. Iowa taxpayers will be footing the bill for Microsoft. The data center will provide only 75 jobs, it is unlikely that any of them will go to Iowans. The data center will require massive amounts of electric power, straining Iowa’s power infrastructure. This is an exceptionally bad decision by the Iowa State government.