Nicholas Miller

You looked at the pros and cons of new taxes.

Let's start with the arguments for these new taxes.

What sort of things are being proposed and how would they help address those two things I mentioned, filling government coffers and opening up more housing?

And Nicholas, these taxes have a very different look depending on where in the country they're being proposed.

Tell us a little bit about that.

Has this worked as intended anywhere else, Nicholas?

I want to move on to the people that are obviously not for these taxes, the people that own these homes.

You mentioned off the top New York, but there are other places across the country where this will hit differently.

Obviously, people using these summer homes, vacation homes, not necessarily as investment property.

So talk to me a little bit about how people say this won't work in different locales.

That's Journal reporter Nicholas Miller.

Nicholas, thanks for your time.

Thanks so much.

These tax incentives are a sort of broad term, and it covers a lot of different sort of favorable tax treatments that states are offering to data centers.

So sales and use tax in 37 states.

Then in at least 11 states, that sales tax exemption actually extends to the electricity as well.

I think that's becoming a hotter topic about data centers in general.

Then in five states, we also see some sort of a property tax abatement.

And those can be a little more complicated.

But in general, it's going to be a partial property tax abatement.