Louisiana Hands Meta a Tax Break and Power for Its Biggest Data Center

Meta, the parent company of Facebook, has been granted a tax break and power incentives by Louisiana for its largest data center in the state.

The data center, located in New Orleans, is expected to bring hundreds of jobs and millions of dollars in investment to the area.

The tax break, which is estimated to be worth around $150 million, will help Meta offset the costs of building and operating the facility.

In addition to the tax break, Meta has also been granted access to discounted power rates from the local utility company.

This move by Louisiana is seen as a way to attract big tech companies to the state and boost the local economy.

However, critics argue that giving such large tax breaks to wealthy corporations is unfair to small businesses and taxpayers.

Despite the controversy, Meta is moving forward with its plans to expand its presence in Louisiana.

The new data center is expected to be up and running within the next few years, creating new opportunities for local residents.

Overall, the partnership between Meta and Louisiana is seen as a win-win for both parties, with the potential for long-term economic growth and job creation.