Tax Breaks for Companies That Don't Need Them

← E9: The Data Center Giveaway: Pay Your Own Way, Starting After the Election · Watch the whole series · E12: Medicaid for Billionaires: What the Republican Chairmen Were Told →

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'Pilot models.' According to The New York Times, that's what Meta told the IRS its AI data centers are. One of them, Hyperion in Richland Parish, Louisiana: five gigawatts, more than $50 billion. Meta's savings from the federal research tax credit: $700 million in 2023. $2 billion in 2024. $3.9 billion in 2025.

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Point A: Sen. Mike Lee (R-UT), May 2014: 'Washington should not be using taxpayer money to pick winners and losers in the energy industry.' Point B: July 4, 2025. President Donald Trump signs the One Big Beautiful Bill Act, making 100 percent bonus depreciation permanent. Cost, per the Joint Committee on Taxation: $362.7 billion, 2025 through 2034.

Short cuts

part · 188s

Meta told the IRS its AI data centers are an EXPERIMENT.

part · 160s

Deduct ALL of it, year one.

part · 129s

That is not the free market. That is a CHOICE.

hook · 129s

Like telling the IRS your lunch is a clinical TRIAL

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Am I OK with that? The answer is a definite yes.

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A coupon in July for groceries you bought in February

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