Trump-backed tax break a windfall for controversial industry; now, GOP senator wants 'corporate welfare' cut

Trump-backed tax break a windfall for controversial industry; now, GOP senator wants ‘corporate welfare’ cut

Senate Republican Josh Hawley targets opportunity zone tax breaks that tech giants use to build AI data centers, calling the loophole "corporate welfare."

Trump-backed tax break a windfall for controversial industry; now, GOP senator wants 'corporate welfare' cut

Sen. Josh Hawley plans legislation to block AI data centers from using opportunity zones tax breaks, calling the loophole a form of "corporate welfare" for tech giants.

Josh Hawley targets data center tax loophole, calling it corporate welfare

Hawley's initiative could reshape investment dynamics in distressed areas, potentially redirecting funds towards more community-focused projects.