Big Tech’s $278B Tax Scandal? Apple, Meta, Netflix & Others Accused! 🚨💰
A shocking new report from the Fair Tax Foundation accuses tech giants—Apple, Meta, Netflix, Amazon, Microsoft, and Alphabet—of dodging $278 billion in U.S. taxes over 10 years.
The “Silicon Six” allegedly used aggressive tactics like profit-shifting and tax loopholes, paying just 16.1% on average, far below the norm. Netflix led with the lowest effective rate at 14.7%.
Amazon, Meta, and Netflix deny wrongdoing, claiming compliance. The report reignites global calls for fair corporate taxation as the OECD’s 15% minimum tax nears. Will reforms finally rein in Big Tech’s tax tactics?
