Sen. Warren: Big Tech's tax breaks could have covered benefits for millions of Americans

1 month ago 3

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 the average cost of SNAP benefits, that sum could have provided food assistance to 5.2 million people. Or, i...

Source: https://www.engadget.com/big-tech/sen-warren-big-techs-tax-breaks-could-have-covered-benefits-for-millions-of-americans-174831791.html?src=rss

Read Entire Article

Disclaimer of liability !!!

NEWS.SP1.RO is an automatic news aggregator. In each article, taken over by NEWS.SP1.RO with maximum 500 characters from the original article, the source name and hyperlink to the source are specified.

The acquisition of information aims to promote and facilitate access to information, in compliance with intellectual property rights, in accordance with the terms and conditions of the source.

If you are the owner of the content and do not wish to publish your materials, please contact us by email at [email protected] and the content will be deleted as soon as possible.