{"id":10405,"date":"2026-04-21T12:51:09","date_gmt":"2026-04-21T12:51:09","guid":{"rendered":"https:\/\/musictechohio.online\/site\/orangeburg-data-center-tax-subsidy\/"},"modified":"2026-04-21T12:51:09","modified_gmt":"2026-04-21T12:51:09","slug":"orangeburg-data-center-tax-subsidy","status":"publish","type":"post","link":"https:\/\/musictechohio.online\/site\/orangeburg-data-center-tax-subsidy\/","title":{"rendered":"JPMorganChase Data Center Gets $77 Million Handout to Create Grand Total of One Job"},"content":{"rendered":"<div>\n<p class=\"article-paragraph skip\">Back in March, we <a href=\"https:\/\/futurism.com\/artificial-intelligence\/data-center-jobs-ohio\">shared the story<\/a> of a $136 million data center going up in Northeastern Ohio, which was slated to bring in a whopping ten full-time jobs. That project received a $4.5 million state tax exemption, which is egregious enough on its own \u2014 but a new project in New York State is making that Ohio handout look like chump change.<\/p>\n<p class=\"article-paragraph skip\">First <a href=\"https:\/\/nysfocus.com\/2026\/04\/20\/data-center-tax-break-jpmorgan-chase\">reported by <em>New York Focus<\/em><\/a>, a data center being built by financial giant JPMorganChase is receiving $77 million in subsidies. What does the local economy get in return for its generosity? The answer, incredibly, is just a single full-time job.<\/p>\n<p class=\"article-paragraph skip\">JPMorganChase, which received the $77 million tax break in 2024, plans to use the funds to expand a data center in Orangeburg, a small New York town about a 45 minute drive away from Times Square. <\/p>\n<p class=\"article-paragraph skip\">\u201cThe county is giving away quite a lot of public money in exchange basically for nothing,\u201d Kasia Tarczynska, a senior research analyst at the corporate watchdog group Good Jobs First told <em>NY Focus<\/em>. <\/p>\n<p class=\"article-paragraph skip\">The dismal pork-to-jobs ratio highlights an inconvenient wrinkle in the data center boom that\u2019s flourished as the AI industry has taken off: the massive facilities are huge draws on <a href=\"https:\/\/futurism.com\/artificial-intelligence\/ai-data-centers-electricity-bills\">power grids<\/a> and <a href=\"https:\/\/futurism.com\/ai-data-center-water\">water supplies<\/a>, but they only require a skeleton crew of human staff to run.<\/p>\n<p class=\"article-paragraph skip\">Still, Steven Porath of the Rockland County Industrial Development Agency \u2014 one of the local entities that approved the handout \u2014 said full-time jobs aren\u2019t the right yardstick to use here. \u201cIf that is how you\u2019re going to narrowly look at it\u2026 anybody would say that\u2019s ridiculous,\u201d he told <em>NY Focus<\/em>, adding that the project will create over 1,400 temporary jobs for local contractors (the vast majority of which will dry up after the expansion is completed, it\u2019s worth noting.)<\/p>\n<p class=\"article-paragraph skip\">On top of representing a major government handout to private enterprise, <a href=\"https:\/\/www.lohud.com\/story\/news\/politics\/2026\/03\/27\/rockland-ny-data-center-growth-plan-fuels-push-back-over-power-use-cost\/89298715007\/?gnt-cfr=1&amp;gca-cat=p&amp;gca-uir=false&amp;gca-epti=undefined&amp;gca-ft=0&amp;gca-ds=sophi\">local activists<\/a> are concerned that the increased data center presence will drive up utility prices in the Orangeburg area, which has become a burgeoning hub for data center build outs in the New York City metro region.<\/p>\n<p class=\"article-paragraph skip\">While the JPMorganChase expansion is still under construction, it could be just the start of the town\u2019s battle with big tech\u2019s data center obsession \u2014 which is increasingly being subsidized by US residents, <a href=\"https:\/\/futurism.com\/future-society\/fire-fighters-data-centers\">one way<\/a> or <a href=\"https:\/\/www.cio.com\/article\/4160466\/data-centers-are-costing-local-governments-billions-2.html\">another<\/a>.<\/p>\n<p class=\"article-paragraph skip\"><strong>More on data centers: <\/strong><em><a href=\"https:\/\/futurism.com\/future-society\/city-council-meeting-case-against-data-center\">Man at City Council Meeting Makes Devastating Case Against Proposed Local Data Center<\/a><\/em><\/p>\n<p>The post <a href=\"https:\/\/futurism.com\/artificial-intelligence\/orangeburg-data-center-tax-subsidy\">JPMorganChase Data Center Gets $77 Million Handout to Create Grand Total of One Job<\/a> appeared first on <a href=\"https:\/\/futurism.com\/\">Futurism<\/a>.<\/p>\n<\/div>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>","protected":false},"excerpt":{"rendered":"<p>Back in March, we shared the story of a $136 million data center going up in Northeastern Ohio, which was slated to bring in a whopping ten full-time jobs. That&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[177,3121,3842],"tags":[],"class_list":["post-10405","post","type-post","status-publish","format-standard","hentry","category-artificial-intelligence","category-finance","category-future-society"],"_links":{"self":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/10405","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/comments?post=10405"}],"version-history":[{"count":0,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/posts\/10405\/revisions"}],"wp:attachment":[{"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/media?parent=10405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/categories?post=10405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/musictechohio.online\/site\/wp-json\/wp\/v2\/tags?post=10405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}