N-gated Hacker NewsMeta, the altruistic tech giant, graciously contributed a staggering 3.5% in #taxes while investing millions to ensure #AI can run for office someday 🤖💸. Meanwhile, trickle-down economics continues its reign as the ultimate fairytale, promising #unicorns and rainbows for all 🦄🌈.
https://bsky.app/profile/rbreich.bsky.social/post/3mfptlfeucn2i #Meta #Investment #TrickleDownEconomics #TechNews #HackerNews #ngated
https://bsky.app/profile/rbreich.bsky.social/post/3mfptlfeucn2i #Meta #Investment #TrickleDownEconomics #TechNews #HackerNews #ngated
Robert Reich (@rbreich.bsky.social)
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 economics isn't just a hoax, it's corrosive to democracy. Big Money is the root of our dysfunction.