Politicians Float Plans to Tax Artificial Intelligence Boom
Proposals currently range from a plan to place taxes on AI tokens to an excise tax on the energy used by data centers. Meanwhile, some stakeholders are urging a more cautious approach.
The Verge AI·
At its peak, the Androscoggin paper mill in Jay, Maine, a rural town about 67 miles northwest of Portland, employed about 1,500 people - until a pulp digester exploded in 2020, forcing the mill to close permanently. In 2023, the 1.4 million-square-foot facility was purchased through a joint venture by JGT2 Redevelopment and a number of other holding and capital companies. The project is led by developer Tony McDonald. Over the next three years, McDonald and his team broke down the mill's machinery and shipped it to Pakistan, and worked to clean up the industrial site for resale. That resale agreement was finalized earlier this year, accord … Read the full story at The Verge.
Read full articleProposals currently range from a plan to place taxes on AI tokens to an excise tax on the energy used by data centers. Meanwhile, some stakeholders are urging a more cautious approach.
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This year, Maine nearly became the first state to pass a statewide moratorium on new data centers. But before the law could take effect, supporters of an A.I. data center project in the small town of Jay rallied to fight the ban — and won. So why do residents there want one? We traveled to Jay to find out.
It’s not about the centers. It’s about AI itself.
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