00:00It's Benzinga bringing Wall Street to Main Street.
00:02Senator Bernie Sanders accused Meta platforms of receiving an $8 billion tax break
00:08after the company paid $25 million to resolve a lawsuit
00:12and contributed $1 million to Trump's inauguration, according to Benzinga.
00:17Sanders said the payments occurred last year and the tax change followed this year,
00:21pushing Meta's quarterly tax rate to negative 23%.
00:24He called the sequence a pretty good return on investment
00:28and described Trump's lawsuit as bogus.
00:31Sanders also cited a January report estimating the Trump family's gains from cryptocurrency
00:36and other ventures at $4.05 billion.
00:40A White House spokesperson said Trump's assets are held in a trust run by his children.
00:45For all things money, visit Benzinga.com.
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