Hawley takes aim at 'corporate welfare' after GOP-backed tax break boosted controversial industry

Senate Republican Josh Hawley said opportunity zone tax breaks used by technology companies to construct artificial intelligence data centers constitute "corporate welfare." Opportunity zones are investment incentive areas established under the 2017 Tax Cuts and Jobs Act that offer capital gains tax deferrals and reductions to investors. Hawley did not specify which companies or projects he was targeting or provide details on proposed legislation to change the tax provisions.

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