Tech News
← Home  ·  All topics

Tax

36 GoKawiil briefs on this topic

WSJ poll: 63% of Americans back pausing AI, 61% support billionaire wealth tax

A Wall Street Journal survey of 1,500 registered voters conducted in late September found 63 percent support pausing AI development, 57 percent want immediate government regulation of AI, and only 12 percent trust AI companies to regulate themselves. The same poll found broad bipartisan support for populist economic measures, including a 61 percent backing for a federal wealth tax on billionaires, 90 percent support for banning surprise medical bills, and 79 percent favoring a 10 percent cap on credit card interest rates.

Meta Uses 'Pilot Model' Tax Credit to Cut Billions From AI Data Center Taxes

According to the New York Times, Meta has been classifying its massive data center construction projects as experimental 'pilot models' under a decades-old R&D tax credit, allowing it to claim billions in federal tax savings. The company reportedly saved $2 billion in 2024 and nearly $4 billion in its 2025 fiscal year, making it the largest known beneficiary of the credit among public companies, per securities filings cited by the Times.

Tesla Delivers 486,532 Vehicles in Q3, Beats Wall Street Estimates

Tesla delivered more than 486,000 vehicles in the third quarter, up about 6,000 from the prior quarter and ahead of Wall Street forecasts. The figure still trails the 497,000 delivered a year earlier, when buyers rushed to beat an expiring U.S. tax credit, and U.S. deliveries were down nearly 20% year-over-year according to Cox Automotive.

Tesla Q3 deliveries hit 486,532, beating Wall Street estimates

Tesla reported 486,532 vehicle deliveries and 464,391 units produced in the third quarter, exceeding analyst forecasts of roughly 461,000-462,000. Deliveries were down about 2% from a year earlier but rose from the second quarter's 480,126, with Model 3 and Model Y making up 98% of the total. Tesla shares rose about 2% after the announcement.

Tesla Q3 deliveries fall 2.1% year-over-year but top Wall Street estimates

Tesla delivered 486,532 vehicles in Q3 2025, down about 2.1% from the same period last year, while production rose 3.8% to 464,391 units. The decline follows the September 30 expiration of the $7,500 federal EV tax credit, which had driven a surge in sales a year earlier.

Report: Meta used local tax incentives to fund AI data center buildout

The New York Times reported that Meta has been securing tax credits and incentives from local governments to help finance construction of its AI-focused data centers. The report characterizes this practice as controversial, noting that taxpayers are effectively subsidizing part of the infrastructure build-out for a highly profitable company.

Study: US office workers pay average $6,736 yearly 'RTO tax'

Resume.io's study estimates American employees spend an average of $6,736 per year on costs tied to commuting and in-office attendance. The research found this so-called 'RTO tax' is proportionally lowest in expensive cities like New York, Boston and San Francisco once local salaries are factored in.

Expat Tax Guide: US Citizens Abroad Still Owe IRS on Worldwide Income

A tax expert writing for Entrepreneur outlines that Americans living abroad remain subject to U.S. taxation on worldwide income, including side-hustle earnings like freelance work or e-commerce, even when paid into foreign accounts. The piece notes such income triggers a 15.3% self-employment tax that popular breaks like the Foreign Earned Income Exclusion and Foreign Tax Credit cannot offset.

Microsoft silent on specifics after faith groups seek 1% of data center spend for communities

Church and community groups have pressed Microsoft to commit roughly 1% of its data center construction costs to local investment, but company representatives at community meetings have struggled to answer detailed questions beyond prepared 'good neighbor' talking points. Microsoft has acknowledged that its $229 million in 2024 employee-matched charitable giving across 29,000 nonprofits isn't sufficient, without specifying larger commitments.

Apple @ Work column urges Apple to acquire an SSO vendor to fix enterprise pricing gap

Bradley Chambers argues that many SaaS vendors charge extra to unlock single sign-on, leaving roughly 37% of enterprise apps unprotected by SSO according to data he cited from Dashlane's Vault Enforcement research. He contends this pricing practice pushes companies toward weak passwords and increases security risk, and suggests Apple could address the issue through an acquisition.

Opinion piece urges business owners to review finances at midyear, not tax season

An Entrepreneur contributor argues that many business owners only compile their financial records when preparing tax returns, often months after the fiscal year ends. By the time tax preparers finish individual returns and turn to business filings, the piece says, owners may not learn their true tax liability until late summer, well past the point where they could have acted on it.

Georgist land value tax gains ground five years after ACX book review

Lars Doucet, author of the original ACX review of Henry George's Progress and Poverty and its follow-up series, revisits his arguments five years later. He notes that land value tax enablement laws have passed in two U.S. states this year, and that leaders sympathetic to LVT have been elected in the UK and South Korea. Doucet now works full-time for the Center for Land Economics and writes for the Progress & Poverty Substack.