Wyoming Liberty Group
- Corporate welfare violates the Wyoming Constitution.
- Data Center tax breaks cost taxpayers more than $500,000 per job.
- Higher electricity demand could send electricity rates skyward.
- Instead of picking winners and losers, the government should reduce taxes for all companies and let those with good ideas and private funding prevail.
CHEYENNE, WY: The Wyoming Liberty Group released “Data Centers, The Hidden Costs of Corporate Welfare” today, blasting the government’s policy of using tax dollars to attract businesses to the state and warning families about the specter of fuel poverty as a result of the latest corporate welfare fad.
Back in 2012, Governor Matt Mead announced that Microsoft would build a data center in Cheyenne at a cost to Microsoft of $112 million. Since then, Microsoft has announced two expansions. Supporters cheered that the data center would diversify the economy and, according to Gov. Mead’s press release, “bring high-paying, technology jobs to the state.”