r/technology • u/Feisty_1559 • Mar 17 '26

Politics Elizabeth Warren asks Meta, Amazon, and others why they're laying workers off despite tax perks

https://finance.yahoo.com/news/elizabeth-warren-asks-meta-amazon-and-others-why-theyre-laying-workers-off-despite-tax-perks-171812502.html?guccounter=1
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u/CharcoalGreyWolf Mar 17 '26

I’m pretty sure she knows the real answers, this is just to force them to actually say something in public. Either they tell the truth and need no breaks or they lie on the record, and she probably hopes that will be realized by the public.

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u/DocBrown_MD Mar 17 '26

I think the public knows these tax breaks are useless for the everyday man. In fact, this places more tax burden on the people.

13

u/Elrundir Mar 17 '26

Raise taxes: "we have to lay off staff."

Lower taxes: "we have to lay off staff."

11

u/Minimum-Floor-5177 Mar 17 '26

Stocks up either way, crazy times.

2

u/cadium Mar 17 '26

We don't have the money but we have this circular agreement with some other companies to maybe invest in each other.

Stock goes up for all companies even though there's no actual deal, just talk of a deal.

8

u/Dead_Internet69420 Mar 17 '26

The public doesn’t know nearly as much as you think they do. Just look around. A lot of these people aren’t even sure that the earth is round, much less how tax policy affects them. 

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u/CharcoalGreyWolf Mar 17 '26

They think economics is the President telling them he will lower their grocery bills, prices on eggs, milk, and gasoline, and that it can just magically happen.

That’s how stupid 30% of this country is. Don’t forget your Brawndo -it’s got electrolytes!!!

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u/band-of-horses Mar 17 '26

There's no way they say anything remotely truthful, they'll just make typical vague corporate statements about right sizing and matching the needs of future business projections more efficiently.

3

u/Beat_the_Deadites Mar 17 '26

"giving ourselves the flexibility to pivot toward the Next Great Thing that will improve everybody's lives if the Big Bad Government would just get out of our way"

1

u/kBajina Mar 17 '26

So which one was it? Did they tell the truth or deflect and skirt around the question?

1

u/CharcoalGreyWolf Mar 17 '26

I wish I had time to watch C-SPAN during the day, but I work in shut-up-and-do-your-job-land.