With Greed and Cynicism, Big Tech is Fueling Inequalities in America (by @filloux)
With Greed and Cynicism, Big Tech is Fueling Inequalities in America – Monday Note, Frederic Filloux…In the end, local taxpayers will subsidize Amazon shareholders…Hi-tech firms are prominent among recent tax-break “megadeals” awarded by cities and states. Tesla’s battery factory ($1.3bn from Nevada), Foxconn’s display-screen plant in Wisconsin ($4.8bn) and Apple’s data centre in Iowa ($214m) [...]