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Technology Topic:Taxes Clear all

64 articles, grouped into stories

New poll reveals broad bipartisan support for AI pause and wealth tax on billionairesA Wall Street Journal poll found that 63% of American adults support a pause on AI development and 61% favor a federal wealth tax on billionaires, with 57% saying the government should regulate AI immediately. The poll reveals a growing convergence of voter sentiment across party lines, driven by deteriorating material conditions and a link […]

Natural News2d agoWhole story →

Technology ai regulation poll

Tommy Tuberville promises major tax change for data centers, taxes in AlabamaDoug Jones called the campaign ad a “blistering attack ad” on Tuberville’s previous statements.

AL.com2d agoWhole story →

Technology Tommy Tuberville alabama gubernatorial campaign

Sen. Ruben Gallego rolls out an economic agenda as he weighs a 2028 White House bidThe Arizona Democrat told NBC News he’s “absolutely thinking about” running for president. He’s pitching a New Deal-style jobs program funded by data center and AI taxes.

NBC News2d agoWhole story →

Technology Ruben Gallego 2028 presidential bid explorations

BGOV OnPoint: Crypto Tax Push Sees Late Momentum as Clock TicksA renewed bipartisan effort to streamline tax reporting rules for cryptocurrency users has inched forward on Capitol Hill, but lawmakers’ window for action is tightening with few legislative days left on the calendar.

Bloomberg Tax News2d agoWhole story →

Technology S 5616 HR 10357 crypto tax legislation

Gavin Newsom closes Montana LLC tax loophole for luxury carsGavin Newsom signed a law closing an LLC tax loophole after a $600,000 Lamborghini owner bragged online about evading $70,000 in California taxes.

New York Post3d agoWhole story →

Technology Gavin Newsom S 1406

Chicago Authorities Say Federal Law Permits Social Media TaxChicago’s social media amusement tax isn’t preempted by a federal law protecting electronic commerce from discriminatory taxes because there are no offline services similar to social media, city authorities said in a filing.

Bloomberg Tax News3d agoWhole story →

Economy chicago social media tax lawsuit

Rick Scott, Booz Allen Clash Over Venue in Tax Info Leak DisputeSen. Rick Scott (R-Fla.) encountered objections to keeping his lawsuit over the leak of his confidential tax information by a Booz Allen Hamilton Inc. employee in a Florida federal district court, with the company arguing there’s no connection to the state.

Bloomberg Tax News3d agoWhole story →

Economy scott tax info leak lawsuit

Bill Gates wants a government list of who gets to keep their job. Don't let himBill Gates’s plan to tax AI and reserve human jobs will trigger cronyism. Real tech safety and portable benefits are the true fix.

Washington Examiner3d agoWhole story →

Technology ai taxation proposal

Kelly’s AI Tax Bill Struggles to Link Tech With Economic HarmsCongress must decide what aspect of AI activity it wants to measure before it can tax that activity coherently, writes Andrew Leahey in Technically Speaking.

Bloomberg Tax News3d agoWhole story →

Technology ai tax bill proposal

Federal judge sides with Kalshi to block new Illinois regulations on prediction marketsIllinois is among several states pushing to regulate the booming industry, which strongly resembles traditional gambling.

Chicago Sun-Times4d agoWhole story →

Economy illinois prediction market ruling

Rural Data Centers Are in for a Big Federal Tax BreakUnder the One Big Beautiful Bill Act, data center projects in rural areas could be eligible for major tax benefits starting next year. Some hyperscalers do not seem eager to take the free cash.

WIRED5d agoWhole story →

Economy rural data center tax break

Data Centers Could Sink Republicans in November Midterm ElectionsRepublicans are confronting a political liability over data centers as voter concerns about rising electricity bills intensify ahead of the November midterm elections, according to party strategists. [1] Senate Democrats blocked legislation sponsored by Sen. Jon Husted (R-OH) that would have required states and some utilities to consider a standard…

Natural News5d agoWhole story →

Economy Jon Husted november midterm elections

How The GOP’s Signature Law Is Fueling One Of Its Biggest Political ProblemsRepublicans are scrambling to deal with a data center boom they cheered on not long ago.

HuffPost7d agoWhole story →

Economy HR 9340 midterm election fallout

NJ Tax Court Tosses Online Sellers’ Income Tax Expansion CaseNew Jersey’s regulations expanding income tax obligations to out-of-state online merchants don’t exceed the state’s authority under federal law, the state tax court ruled Thursday.

Bloomberg Tax News8d agoWhole story →

Economy nj online sales tax ruling

Meta classified Zuckerberg as a researcher to claim $355 million tax break on $4.1 billion pay, NYT reportsMeta turned billions of dollars in Mark Zuckerberg’s stock compensation into a research tax break, arguing that its CEO’s work building Facebook qualified him for a federal government incentive for technological research. The company claimed roughly $355 million in tax savings tied to $4.1 billion in stock options Zuckerberg exercised, according to a New…

TechStartups.com9d agoWhole story →

Security meta tax dispute

How Meta uses AI data centers to avoid billions in federal taxesMeta is exploiting a lucrative tax break intended to support research and experimentation. Its own accountants say the gambit is risky.

The Mercury News9d agoWhole story →

Economy meta tax avoidance scandal

The Data Center ElectionA nationwide backlash is forcing candidates onto unfamiliar ground

Newsweek9d agoWhole story →

Economy midterm elections

Democrats killed the Clarity ActDemocrats should remember the people they represent and do what's best for them, not what's best for their political calculus, consultants, and special interests, writes Sen. Tim Scott (R-S.C.).

CoinDesk10d agoWhole story →

Technology Tim Scott clarity act vote

Meta, Google, Amazon, Microsoft draw Warren questions about AI tax breaksSen. Elizabeth Warren is asking the leaders of Meta, Google, Amazon and Microsoft about AI and data center subsidies authorized by GOP legislation.

CNBC11d agoWhole story →

Technology Elizabeth Warren HR 9340 ai tax subsidy probe

Democrats Take Upper Hand on Data Centers in Ohio Senate BattleDemocrats hold a polling edge on data centers as Sherrod Brown targets Jon Husted’s record in Ohio’s tight Senate race.

Newsweek14d agoWhole story →

Technology Jon Husted HR 9340 ohio senate race