They lock in things like tax rates and insulate their investment against politic... | Hacker News

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jeffbee 4 months ago | parent | context | favorite | on: Hyperscalers have already outspent most famous US ...

They lock in things like tax rates and insulate their investment against political risks for the duration of its economic life.

lenerdenator 4 months ago [–]

So they're doing something most of us can't do at the expense of the budget of the local government should the tax rates need to rise.

Wonderful. I'm so happy this is happening in my community.

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