Government handouts to Big Tech are costing you $67 billion
Here’s a headline on that Big Ugly Bill you may have missed in all of the destruction: Donald Trump and the Republicans are giving giant corporations tax handouts to “incentivize research.” But here’s the catch: it’s for research those companies already did years ago, as far back as 2022. As far as I can tell, these giant companies don’t have a time machine. So how are they going to incentivize research that has already happened? (Spoiler alert: They’re not.) It gets worse. I just got some data that shows how next year, the federal government will hand out $67 billion taxpayer dollars to corporations like Tesla and Apple. To put those numbers into perspective, that is five times what the federal government spends on childcare every year . Meanwhile, Republicans are refusing to lift a finger to prevent millions of Americans’ healthcare premiums from skyrocketing in a matter of weeks. Health care costs are already crushing families, with insur...