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

Wednesday, September 16, 2026


Senate Republican Josh Hawley called for ending opportunity zones tax breaks that technology companies use to fund artificial intelligence data centers, characterizing the tax incentive as corporate welfare. Opportunity zones are federal tax designations that allow investors to defer capital gains taxes on investments in economically distressed areas. Hawley's office reported his position in a statement but did not provide specific legislative language or a timeline for action.

Original reporting: https://www.foxnews.com/politics/trump-backed-tax-break-windfall-controversial-industry-now-gop-senator-wants-corporate-welfare-cut

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