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Tom’s Hardware
Tom’s Hardware
Technology
Bruno Ferreira

New Jersey datacenter expansion got $77m in tax breaks to create exactly one permanent job — JPMorgan's site already scored $35m and currently employs just 25 workers

JPMorgan building.

Energy and environmental concerns are inevitably the first issues discussed whenever there are talks of making yet another datacenter. Subsidies, though, often don't undergo the same scrutiny, like when a JPMorgan datacenter expansion got a cool $77 million tax break against promising to create just one (1) permanent job, reportedly making it the largest subsidy-to-jobs ratio in the country.

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