Trump-backed tax break a windfall for controversial industry — now GOP senator wants 'corporate welfare' cut

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AI Fusion Summary

Senate Republican Josh Hawley is targeting opportunity zone tax breaks, which he describes as corporate welfare. These tax incentives, originally backed by Trump, have provided a significant windfall for a controversial industry. Specifically, Hawley is criticizing how tech giants utilize these loopholes to fund the construction of AI data centers. The senator is now calling for these specific tax breaks to be cut to prevent further corporate welfare within the technology sector.
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