Elizabeth Warren probes $19B in tax breaks for Amazon, Google, Meta and Microsoft as AI drains $96B in federal revenue
In short, corporate tax revenues are down 23% this year, while bringing in record profits.
No wonder these companies are so eager to cosy up to Trump...
moneywise.com
Elizabeth Warren probes $19B in tax breaks for Amazon, Google, Meta and Microsoft as AI drains $96B in federal revenue
Tech giants have gotten generous tax breaks just as programs like Social Security and SNAP are under strain.