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Virginia Schools Lose Millions from Data Center Tax Breaks

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Jim Zamagias

A report by Good Jobs First found Virginia lost more than two billion dollars in potential revenue in 2025 from giving tax breaks to data centers.  Such tax abatements cost Virginia schools more than $250 million in 2024.  Elena Schlossberg with the Coalition to Protect Prince William County says Virginians are subsidizing data centers by footing the bill for utility rate hikes…

“I mean, the wealthiest industry in the world is getting subsidized because of the state tax, because ratepayers are forced to pay for the massive transmission line infrastructure and the new generation. And so you have to ask, if this is winning, I’d like to lose for a while.”