Are you mad about Governor Reynold’s decision to waste money giving Apple a 20-million-dollar tax break? You should be.
She just gave Apple a 20-million dollar tax break to build a data center in Iowa, something one of the world’s richest corporations was going to do anyway.
Iowa does not need to bribe large corporations to build big data centers here.
Electricity is a data center’s biggest ongoing cost. Iowa has lots of low cost, reliable, renewable electricity.
Iowa is also relatively free from earthquakes, has lots of water and our winters reduce the cost of cooling hot computer servers.
In addition, there’s already an Iowa sales tax exemption on the electricity consumed by data centers, a tax break worth tens of millions of dollars.