Meta's 3.5% Tax Rate and $65 Million Election Spending Highlight Corporate Influence in Politics
In 2025, Meta paid an effective federal tax rate of 3.5% — its lowest on record. Meanwhile, Meta is pumping $65 million into elections this year to boost AI friendly candidates. Trickle-down…
Read the full articleYou might also wanna read
Meta Creates California Super PAC to Influence AI Industry Politics
Thanks to a unique corporate ownership structure that gives him complete control of Meta, Mark Zuckerberg has essentially created his own pe
The Verge·10mo ago
Silicon Valley representative argues Meta's record profits and mass layoffs justify taxing billionaires
‘What we’re witnessing — in real time — is a small class of billionaires extracting every last ounce of value from workers while pushing the
mercurynews.com·25d ago
AI super PACs pour $27 million into New York Democratic primary, signaling midterm trends
A whopping amount of money is being poured into one New York Democratic primary. But it could signal how the midterms look everywhere else.
The Verge·23d ago
How Infrastructure Spending Becomes Business Revenue
Meta is spending at hyperscaler scale on artificial intelligence infrastructure—$125 billion to $145 billion in 2026 capital expenditures al
Amazon, Alphabet, Meta, and Tesla Received $51 Billion in Tax Breaks Under Trump's One Big Beautiful Bill Act
Four of the corporations whose CEOs flanked President Trump at his 2025 inauguration ceremony have now disclosed that they collectively rece
itep.org·12d agoAmazon, Alphabet, Meta, and Tesla Received $51 Billion in Tax Breaks Under Trump's One Big Beautiful Bill Act
Four of the corporations whose CEOs flanked President Trump at his 2025 inauguration ceremony have now disclosed that they collectively rece
itep.org·12d ago
AI industry groups spend $43.3 million on midterm races to influence future regulation
The massive spending and heated rhetoric in midterm races reflect the AI industry's political fault lines and competing visions of what the
npr.org·24d ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.