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Kevin O'Leary says opponents of his Utah data center are 'professional protesters' — and some are powered by AI
(www.businessinsider.com)
this post was submitted on 07 May 2026
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"We want to make sure we don’t strangle the goose that lays the golden egg," Morris said. MIDA usually imposes a 6% energy use tax on its developments, but this time they rapidly agreed to set it at 0.5%. Morris said, the project will generate estimated $100 million annually once it reaches full capacity. The agreement also cuts a deal on property taxes.
So the deal will cost the state billions but in the end it will net them millions.