Elektrine lite

← Feed

@FluentInFinance@mastodon.social

2026-10-01 00:47 UTC

JUST IN: Meta is using AI data centers to claim research tax credits, according to the NYT. Its total research credits reached almost $4,000,000,000 in 2025 alone. It also counted Mark Zuckerberg’s $4.1 billion compensation as research spending to claim a $355 million tax break. Apparently when you’re worth $2 trillion, a data center is a science experiment and your CEO’s $4 billion payday is research.

Replies (4)

  • @stux@mstdn.social 2026-10-01 01:35

    @FluentInFinance@mastodon.social We need to get rid of billionaires, one way or another

    Open ##4903537

  • @gvenema@fairmove.net 2026-10-01 10:38

    @FluentInFinance@mastodon.social They do not feel the need to keep a mask on, because they succeeded in capturing most of the democracies around the world. They know that nobody believes the Trickle Down Myth anymore, and they don't care.

    Open ##4905314

  • @FluentInFinance@mastodon.social This isn't surprising. The R&D tax credit is engineered to rope in a lot of standard operating procedures. Personally, I would eliminate the credit across the board and count on people who need real research to do it. https://www.kbkg.com/research-tax-credits/research-development-tax-credit-qualifying-activities

    Open ##5143349

  • @the_turtle@polyglot.city 2026-10-01 01:40

    @FluentInFinance@mastodon.social what exactly did he research? "Sucking trump's balls" is a pretty well-trod topic.

    Open ##5143360