New York Times Co. Saved $45 Million With Tax Break It Faults Meta for Using

New York Times Co. Saved $45 Million With Tax Break It Faults Meta for Using ↗

Here's one fact the New York Times left out of its breathlessly hyped front-page story about how Facebook, Instagram, WhatsApp, and Muse.ai parent company Meta is "exploiting a lucrative tax break": the New York Times Company itself has reaped $47.65 million in benefits from 2021 to 2025 from the same research and development tax credit it is complaining that Meta is using.