Great. Will I get a tax break when my electricity bill goes sky high due to these power guzzlers?
Tax breaks for billion euro companies while the middle class collapse, didn’t see that coming! /s
Elect right wing parties, get right wing policies.
So from the article it seems that their arguement is that it will increase electricity demand therefore price, so it will make nuclear power plan investment more feasible? I’m not sure how aware they are at how much lots of people are already struggling with general costs
Wtf!???
These could be easily linked to taxes, you get 1 percent tax break per 1 billion of paid taxes to finland, see hollywood accounting.
I would like to get all electricity networks back to government control. Industrial electricity usage is already nearly double of home usage, so the next two nuclear power plants are subsidiced by them =)
Data centres don’t bring any long term jobs as everything can be managed remotely from elsewhere. They consume large amounts of electricity, which is basically the only affordable thing that Finland has which no longer will be.
Why should they be getting any tax breaks when they are only damaging the economy.
We should work towards having our own companies running their products and services in Finnish data centers, not Google, MS etc. The problem with Finnish ICT sector is that most of it runs on taxpayers’ money, not necessarily directly but in a way or another. There are few services that generate real revenue from global markets.
Also most (?) of the capacity of these centers would be used for AI/tracking/data farming/advertising/social media type of crap run by foreign companies. No thanks
But buiding more power plants would be a good thing though.
Banana republic
So, uhhh, now that business subsidies are good again, can we have our cycle commute benefit back…?
Such short sighted policies. If anything they should charge premium for access to premium infrastructure and location. Your getting sold out from within again.
Mo-fos… Disgusting.
So who is getting paid by those foreign companies? They certainly won’t tell and will do their best to hide it during next election cycle.
Can we get rid of these corrupt/stupid cunts? Find the name of every single one that approved of this in any way and publicize them in every way possible. They are selling out the country and everyone deserves to know who these lowlives are.
Great, I just love how every time we’re faced with investments, we take the lowest bidder banana republic option. Be it with mining (sure, take the profits elsewhere, we’ll clean up your mess) or with data centers (oh cool, some construction jobs for 3 years, and kick to every middle-class knee with the energy prices). The real reason why we struggle so much is because for some reason our politicians seem to be ashamed of being Finnish. We always seem to do this like dance of “sorry you had to bring your business into our worthless backwater”.
There seems to be a case of “big number-syndrome” running wild in both state and local governments. That or very selective argumentation on purpose. These tax breaks are handed to data centers as they are “billion euro investments”. Those investments are for a very large part about the machines running in the data centers, and do not help local or state finances. Imported servers in imported racks connected with imported cables. Sometimes housing very expensive imported Nvidia GPUs.
The numbers presented are a smoke screen. The actual benefits to the society at large are much, much smaller, and the sum of all effects are difficult to pin down.
More benefits for the rich. Great.
Oulun energia just increased the consumer transferal pricing. The reasoning was incresed electricaty usage. Consumer electricity usage hasn’t increased, but large energy users like data centers and heavy industry have increased their electricity use. So consumers are subsidising heavy energy users.
I just know some politician just pocket a few hundred thousand bonus for this tax break LOL
Proper banana republic shit.
Here’s a picture of a pizza. (Explained on the page.)
21 comments
Great. Will I get a tax break when my electricity bill goes sky high due to these power guzzlers?
Tax breaks for billion euro companies while the middle class collapse, didn’t see that coming! /s
Elect right wing parties, get right wing policies.
So from the article it seems that their arguement is that it will increase electricity demand therefore price, so it will make nuclear power plan investment more feasible? I’m not sure how aware they are at how much lots of people are already struggling with general costs
Wtf!???
These could be easily linked to taxes, you get 1 percent tax break per 1 billion of paid taxes to finland, see hollywood accounting.
I would like to get all electricity networks back to government control. Industrial electricity usage is already nearly double of home usage, so the next two nuclear power plants are subsidiced by them =)
Data centres don’t bring any long term jobs as everything can be managed remotely from elsewhere. They consume large amounts of electricity, which is basically the only affordable thing that Finland has which no longer will be.
Why should they be getting any tax breaks when they are only damaging the economy.
We should work towards having our own companies running their products and services in Finnish data centers, not Google, MS etc. The problem with Finnish ICT sector is that most of it runs on taxpayers’ money, not necessarily directly but in a way or another. There are few services that generate real revenue from global markets.
Also most (?) of the capacity of these centers would be used for AI/tracking/data farming/advertising/social media type of crap run by foreign companies. No thanks
But buiding more power plants would be a good thing though.
Banana republic
So, uhhh, now that business subsidies are good again, can we have our cycle commute benefit back…?
Such short sighted policies. If anything they should charge premium for access to premium infrastructure and location. Your getting sold out from within again.
Mo-fos… Disgusting.
So who is getting paid by those foreign companies? They certainly won’t tell and will do their best to hide it during next election cycle.
Can we get rid of these corrupt/stupid cunts? Find the name of every single one that approved of this in any way and publicize them in every way possible. They are selling out the country and everyone deserves to know who these lowlives are.
Great, I just love how every time we’re faced with investments, we take the lowest bidder banana republic option. Be it with mining (sure, take the profits elsewhere, we’ll clean up your mess) or with data centers (oh cool, some construction jobs for 3 years, and kick to every middle-class knee with the energy prices). The real reason why we struggle so much is because for some reason our politicians seem to be ashamed of being Finnish. We always seem to do this like dance of “sorry you had to bring your business into our worthless backwater”.
There seems to be a case of “big number-syndrome” running wild in both state and local governments. That or very selective argumentation on purpose. These tax breaks are handed to data centers as they are “billion euro investments”. Those investments are for a very large part about the machines running in the data centers, and do not help local or state finances. Imported servers in imported racks connected with imported cables. Sometimes housing very expensive imported Nvidia GPUs.
The numbers presented are a smoke screen. The actual benefits to the society at large are much, much smaller, and the sum of all effects are difficult to pin down.
More benefits for the rich. Great.
Oulun energia just increased the consumer transferal pricing. The reasoning was incresed electricaty usage. Consumer electricity usage hasn’t increased, but large energy users like data centers and heavy industry have increased their electricity use. So consumers are subsidising heavy energy users.
I just know some politician just pocket a few hundred thousand bonus for this tax break LOL
Proper banana republic shit.
Here’s a picture of a pizza. (Explained on the page.)
I think farmers should have tax breaks also
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