Big Tech’s tax breaks could have covered benefits for millions of Americans

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Data can paint a much starker contrast than words alone, and US Senator Elizabeth Warren (D-MA) appears to get that. On Friday, her office published numbers on Big Tech’s tax breaks in Republicans’ “Big Beautiful Bill.” When compared with the benefits those sums could have provided for working families, it helps to fortify what some might otherwise dismiss as run-of-the-mill rhetoric.

According to Sen. Warren, the bill’s tax breaks for Microsoft alone will total $12.5 billion in 2026. When compared with…



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Big Tech’s tax breaks could have covered benefits for millions of Americans


Data can paint a much starker contrast than words alone, and US Senator Elizabeth Warren (D-MA) appears to get that. On Friday, her office published numbers on Big Tech’s tax breaks in Republicans’ “Big Beautiful Bill.” When compared with the benefits those sums could have provided for working families, it helps to fortify what some might otherwise dismiss as run-of-the-mill rhetoric.

According to Sen. Warren, the bill’s tax breaks for Microsoft alone will total $12.5 billion in 2026. When compared with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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