Comment by Senate Finance Committee Democratic Staff

And much of the data center buildout is to advance new technologies that could lead to substantial workforce upheaval. The U.S. has been caught flat-footed in the past by the labor impact of major technological shifts. This time, we need to be ready. To address the impacts on communities and the country – higher energy prices, drained resources, and workforce upheaval – we will need new streams of revenue. It is only logical that we look to the companies building and benefitting from these projects to contribute. In order to raise revenue in a targeted and administrable way, this white paper proposes to focus on the taxation of this data center network.