releases: https://www.slotkin.senate.gov/2026/09/29/slotkin-warren-demand-full-accounting-of-trumps-huge-tax-breaks-for-ai-and-tech-companies/
Data license: MIT · Data source: dwillis/congress-press
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| https://www.slotkin.senate.gov/2026/09/29/slotkin-warren-demand-full-accounting-of-trumps-huge-tax-breaks-for-ai-and-tech-companies/ | Slotkin, Warren Demand Full Accounting of Trump’s Huge Tax Breaks for AI and Tech Companies | 2026-09-29 | 2026 | 2026-09 | Democrat | Senate | MI | Elissa Slotkin | S001208 | www.slotkin.senate.gov | slotkin | https://www.slotkin.senate.gov/newsroom/ | scraper | WASHINGTON D.C. — U.S. Senator Elissa Slotkin (D-MI) joined Senator Elizabeth Warren (D-MA) in sending letters to the CEOs of Amazon, Meta, Alphabet, and Microsoft demanding answers and full transparency on the tax breaks they have received from President Trump, tax breaks they received because of their investments in AI and data center spending. “Americans across the country are worried about the impacts of artificial intelligence (AI) on their lives — from increased utility bills to threats of job losses and cyberattacks,” wrote the senators. “Rather than regulate AI to protect American families or address the nation’s affordability crisis, the Trump administration and its Republican allies in Congress have prioritized handing out colossal tax breaks to giant corporations.” Senators Jeff Merkley (D-OR), Bernie Sanders (I-VT), Richard Blumenthal (D-CT), and Tina Smith (D-MN) also signed the letters. Under the One Big Beautiful Bill Act (OBBBA), passed by Trump and congressional Republicans last year, major tech companies can now write off billions of dollars in AI development costs, massively lowering what they owe in taxes. Newly released figures show these tax breaks are a key factor behind the 25% decline in corporate tax revenue this year, even as Big Tech’s own revenues and profits continue to skyrocket. “This enormous tax cut appears to have been driven in significant part by President Trump and Republicans’ tax breaks subsidizing your spending on AI,” continued the senators. These same tech giants have also poured money into influencing Republicans and the Trump administration. Each of the four companies gave $1 million to the President’s inauguration, and they spent millions more lobbying Congress and federal agencies in the run-up to OBBBA’s passage. The senators demanded these massive companies provide transparency on the tax breaks they received and disclose any lobbying they had done to receive them by October 11, 2026. “These tax breaks are not free—their cost has been imposed on American families via cuts to critical social services and a higher deficit,” wrote the senators. Full text of the letter to Amazon here. Full text of the letter to Meta here. Full text of the letter to Alphabet here. Full text of the letter to Microsoft here. ### | 1 | 2026-09-30T10:57:52Z | 2026-09-30T10:59:04Z |