[HardCodedBias]

Wait it gets worse for the "article"

ITEP gets the number by dividing Meta’s current federal tax expense ($2.82B) by its domestic pretax income ($79.64B), which is about 3.5–3.6%.

But Meta’s total 2025 GAAP effective tax rate was actually 29.6%, because it also booked a huge $15.93B charge tied to the Corporate Alternative Minimum Tax and valuation allowances.

[loeg]

Both numbers are wrong. Meta's actual income before tax was about $83 billion and its actual tax cost was $25 billion. This is an effective tax rate of ~30%.

https://investor.atmeta.com/investor-news/press-release-deta...