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On Thursday, Sen. Elizabeth Warren (D-Mass.) called out five tech giants, alleging they could gain $75 billion in tax benefits due to their close ties with the Trump administration.
What Happened: In a post on X, Warren pointed out that Tesla Inc. (NASDAQ:TSLA), Amazon.com Inc. (NASDAQ:AMZN), Meta Platforms Inc. (NASDAQ:META), Apple Inc. (NASDAQ:AAPL), and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) could benefit significantly from tax cuts proposed by the Trump administration. She urged for transparency in the lobbying efforts of these companies and their potential impact on executive compensation.
