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>We really need to close large ccorporate tax dodges as well. [...] There's apparently plenty enough corporation money sloshing around to spend trillions on GP
by gruez 1y ago
>We really need to close large ccorporate tax dodges as well. [...] There's apparently plenty enough corporation money sloshing around to spend trillions on GPUs for AI in the US.
This does not follow. The figures for "trillions" come from estimates for what will be spent in the next few years, not amount actually spent. Moreover while tech companies have initially funded their AI investments from their cash piles, they're now tapping debt markets to fund that growth, so the fact they're spending "trillions" doesn't imply they're evading taxes.