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@simply_auri

A 💫 I’m just a girl. 🥹 Occasionally posting jobs and such.

Outside Sumali Mart 2009
680 Sinusundan783 Mga Tagasunod
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Stop the Nonsense
Stop the Nonsense@kasthomas·
Why does capitalism need so many subsidies?
Hedgie@HedgieMarkets

🦔Meta's $10 billion Hyperion data center in Richland Parish, Louisiana, will receive $3.3 billion in state and local tax breaks over 20 years, enough to fund the state's entire police budget for more than seven years. The deal exempts Meta from sales and use taxes on roughly $35 billion in GPUs. Louisiana is one of 36 states offering tax breaks for data centers, with Virginia foregoing $1.9 billion annually, Georgia $2.6 billion, and Texas jumping from $150 million to over $1 billion in a single year. Only 11 of those 36 states disclose which companies receive the breaks. Local opposition blocked 48 data center projects worth $156 billion in 2025. My Take Louisiana taxpayers are subsidizing Meta's GPU purchases at a rate exceeding what the state spends on most of its public services, and Meta is spending $135 billion on capex this year. The company does not need help getting off the ground. The justification comes down to 500 operational jobs once construction ends, which does not pencil out in any honest accounting of public investment return. The race keeps happening because states are competing against each other, and the only beneficiaries are the hyperscalers playing them off. 25 of the 36 states giving away billions refuse to disclose which companies are receiving the breaks, which removes the accountability that would normally check this kind of arrangement. Good Jobs First says the $3.3 billion estimate likely understates the true subsidy because nobody outside the deal actually knows what got promised in the contract. Local opposition blocking $156 billion in projects last year is the only mechanism currently slowing the race, and the disparity between what hyperscalers are getting and what communities receive in return is wide enough that a reckoning on these deals is coming. The only question is whether it arrives before the next 3,000 data centers get built or after. Hedgie🤗

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The only continents I haven’t touched are Australia + Antarctica. I would’ve made it to Australia years ago if Covid didn’t cancel my trip. 🥲 Gotta put that in motion again asap.
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FBIJobs
FBIJobs@FBIJobs·
Elder fraud is growing more sophisticated each year. #FBI teams work to trace funds, analyze evidence, and investigate complex scams targeting older Americans. Forge your path. Learn more today. #FBIJobs #LawEnforcement fbijobs.gov/?utm_source=Tw…
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Jack
Jack@tracewoodgrains·
It's almost awe-inspiring, in a sense, how ambitious and extensive this admin's corruption is, how devoid of any notion of fair dealing, how openly they loot the pockets of their followers and the treasury alike for personal gain what do you even say at this point?
Katherine Faulders@KFaulders

NEWS -- President Trump is expected to drop his $10 billion lawsuit against the Internal Revenue Service in exchange for the creation of a $1.7 billion fund to compensate allies who claim they were wrongfully targeted by the Biden administration, sources tell me @PCCharalambous @alex_mallin abcnews.com/US/trump-poise…

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Kevin Baum
Kevin Baum@kevinbaum013·
Here's your periodic reminder that the CUNY system has propelled almost six times as many low-income students into the middle class and beyond as all eight Ivy League campuses, plus Duke, M.I.T., Stanford and Chicago, combined. nytimes.com/2017/01/18/opi…
Ihtesham Ali@ihtesham2005

A four-year degree at the University of Chicago costs $386,000. They just made it free for almost every family in America. Starting Fall 2027, any household earning under $250,000 a year pays zero tuition. Under $125,000, the school also covers the dorm, the meal plan, and every fee. The most expensive university in the Midwest just became one of the cheapest options in the country for almost anyone who can get in. To understand how absurd this is, look at what you used to have to pay. UChicago undergraduate tuition for 2025 to 2026 is $73,266. Full cost of attendance with room, board, fees, books, and living expenses is roughly $93,000 a year. Across four years, the full price tag runs close to $386,000. That is the cost of a house in most American states. For a single college degree. The school had a previous free tuition threshold sitting at $125,000 of household income. They just doubled it overnight. The first thing nobody is saying out loud is what the $250,000 number actually means. The median household income in the United States is roughly $80,000. Households earning $250,000 sit in the top 5% of the entire country. UChicago is now telling 95% of American families that the sticker price does not apply to them. The most selective private university in the Midwest, the school that produced more Nobel laureates per capita than almost any institution on Earth, just stopped charging tuition to almost everyone who could realistically get in. The second thing nobody is saying is what happens to the families just under $125,000. They are not getting a discount. They are getting a fully paid four-year residential education at one of the top ten universities in the world. Tuition, dorm, meal plan, fees, all of it. Zero. A family making $120,000 a year is sending their kid to a school whose advertised cost is $93,000 a year and writing checks for nothing. The third thing is the part that should be making every other elite university nervous. UChicago is not the first to do this. MIT moved to $200,000 last year. Harvard moved to $200,000. Stanford moved to $150,000 with free room and board under $100,000. Princeton has had a version of this for years. Penn just announced a similar policy. The number is climbing every cycle and the trigger for each new announcement is the previous announcement. Every school watching this is now under pressure to match or get embarrassed in the next admissions cycle. UChicago just set the new ceiling at $250,000. Somebody is going to push it to $300,000 within twelve months. The reason the ceiling keeps moving is not generosity. It is competition for the same 3,000 students. The top 20 universities in America are fighting for the same applicant pool every year. When MIT made tuition free under $200,000, every kid in that bracket who got into both MIT and a school still charging full price stopped weighing the decision. The free school wins. The sticker price has stopped being a price for the people the universities want most. It has become a posted number that only the rich actually pay, and the rich do not need a discount to attend. The endowments are what make this possible. UChicago is sitting on $10.4 billion. Harvard is at $53 billion. MIT is at $25 billion. Stanford is at $36 billion. These are not schools running on tuition revenue. They are hedge funds with classrooms attached, and the tuition line on their balance sheet is a rounding error compared to investment returns and donor giving. Free tuition under $250,000 costs them almost nothing relative to what they earn each year on the endowment alone. The cruel reality is that the schools that can afford to make this announcement are exactly the schools that did not need to. The state university charging $30,000 a year cannot copy this. The small private liberal arts college running on a $400 million endowment cannot copy this. The cost of college in America is not going down. It is bifurcating. The top of the pyramid is now functionally free for almost everyone who gets admitted. Everything below it is getting more expensive every year. The student loan debt in America just crossed $1.8 trillion. The average graduate owes around $37,000. Forty-three million Americans are carrying education debt right now. And the schools that produce the smallest percentage of that debt are the ones that just made themselves free. There is a generation of kids growing up right now whose parents earn $200,000 a year and quietly assumed UChicago, Harvard, MIT, and Stanford were out of reach. They were wrong. The schools they thought they could not afford are the only ones they actually can. The hardest part of attending the University of Chicago in 2027 is no longer paying for it. It is getting in.

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chris evans
chris evans@notcapnamerica·
Millennials — how many of you have reached the point where you need a mid day nap on your group trips? 😩
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Heath
Heath@dheathjr·
Can someone send me $37,800?
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The Nostalgia Queen
The Nostalgia Queen@Snow_Blacck·
ME: I’m DONE with this nigga. FOH. ALSO ME:
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