Reposted by @dizbeleaf.bsky.social
FFS can we tax billionaires properly-then regulate AI and data centers
“Meta..claims..AI data centers are a giant experiment..It does this so it can tap into a tax credit..which Meta embraced to claim billions of dollars..for data center expansion”
#BlueWaveIn30Days
www.nytimes.com/2026/09/30/t...
nytimes.com
How Meta Uses A.I. Data Centers to Avoid Billions in Federal Taxes (Gift Article)
Meta is exploiting a lucrative tax break intended to support research and experimentation. Its own accountants say the gambit is risky.