Commentary
The hidden costs of building a data center
Ohio's 15-year sales tax exemption cost the state $1.6 billion last year alone, and the $600 million Upper Sandusky proposal could qualify for the full waiver.
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Commentary
Ohio's 15-year sales tax exemption cost the state $1.6 billion last year alone, and the $600 million Upper Sandusky proposal could qualify for the full waiver.
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Innovation Ohio's May 2026 report found his holdings span chip makers to AI firms, and as governor he'd appoint every board that funds, sites, and taxes the industry.
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The $116,000 cluster arrived on primary day from founders of a venture under Senate scrutiny, while Ramaswamy holds Bitcoin and backs a bill to invest state pension funds in crypto.
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Exxon and Chevron warn oil could hit $150–$160 a barrel as diesel stocks hit a 40-year low, while U-M sentiment data shows consumers already cutting spending.
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Lawmakers around 10 p.m. Wednesday nixed a vote on a data center package, aborting efforts to eliminate or lower a tax break that saved Big Tech $2 billion last year.
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The bill cuts a $1.6 billion tax break in half and targets NDAs, but Sen. DeMora warns the rapid one-day timeline to a Senate floor vote will produce bad law.
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Sen. Brian Chavez says legislation could clear an Ohio Senate committee within days, even as witnesses split on NDAs, sales tax breaks, and transparency rules.
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The governor said the state can’t close its borders to data centers, but that local governments should ‘be aggressive’ in cutting deals with developers.
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Google, Meta and Amazon each get sales tax exemptions worth $600 million apiece over 40 years, according to new data obtained by Signal Statewide. The long-term total could be “significantly higher,” officials say.
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Tech giants faced skeptical lawmakers and fierce public opposition over nondisclosure deals, tax breaks, and power grid impacts.
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Ramaswamy's own financial disclosure shows $768,968 in capital gains in 2025—the exact income his proposal would exempt from state taxes.
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Chavez co-chairs the panel despite an unresolved ethics complaint alleging he hid energy sector stakes while advancing related legislation as Senate Energy Committee chair.