Data can paint a much starker contrast than words alone, and US Senator Elizabeth Warren (D-MA) appears to get that. On Friday, her office published numbers on Big Tech's tax breaks in Republicans' "Big Beautiful Bill." When compared with the benefits those sums could have provided for working families, it helps to fortify what some might otherwise dismiss as run-of-the-mill rhetoric.According to Sen. Warren, the bill's tax breaks for Microsoft alone will total $12.5 billion in 2026. When compared with the average cost of SNAP benefits, that sum could have provided food assistance to 5.2 million people. Or, it could have covered Medicaid for 1.6 million adults (or 3.8 million children), or lowered Affordable Care Act (ACA) premiums for 1.9 million Americans.Meanwhi [...]
In the winter of 2022, as the tech world was becoming mesmerized by the sudden, explosive arrival of OpenAI’s ChatGPT, Benjamin Alarie faced a pivotal choice. His legal tech startup, Blue J, had a r [...]
Marble, a startup building artificial intelligence agents for tax professionals, has raised $9 million in seed funding as the accounting industry grapples with a deepening labor shortage and mounting [...]
When the One Big Beautiful Bill arrived as a 900-page unstructured document — with no standardized schema, no published IRS forms, and a hard shipping deadline — Intuit's TurboTax team had a [...]
Without meaningful deterrents, Big Tech companies will do what's profitable, regardless of the cost to consumers. But a new bipartisan bill could add a check that would make them think twice, at [...]
Senator Elizabeth Warren (D-MA) and Representative Melanie Stansbury (D-N.M.) are leading a group of congressional Democrats in investigating White House Special Advisor David Sacks for possibly servi [...]