I mean, my understanding is that the governor inserted this language about 50 years into the bill, and that's allowed everybody to go around and talk about 50 years worth of tax exemptions for these projects. The reality is the equipment turns over every three or four years. I think that was a critical miscalculation on the part of the governor. And then number two, the governor, the bill makes it seem as though nothing related to blockchain, some of these digital assets can get that favorable tax treatment. (19:46–19:50)
CLAIM
Asserts that data center equipment typically has a turnover period of three to four years.
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