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Claim Text: The Research & Experimentation Tax Credit dates to the first year of the Reagan administration.
Simplified Text: The Research & Experimentation Tax Credit originated in the first year of the Reagan administration.
Confidence Score: 0.950
Claim Maker: The author
Context Type: News Article
Context Details: { "law": "Research & Experimentation Tax Credit", "date": "1981" }
Subject Tags: History Legislation Tax Credit Reagan Administration
UUID: 8aaf289a-ea9f-41d3-85f2-9b698eb9ed6f
Vector Index: ✗ No vector
Created: October 1, 2026 at 3:01 PM (1 week ago)
Last Updated: October 1, 2026 at 3:01 PM (1 week ago)

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Screenshot of https://nytimes.com/2026/09/30/technology/meta-ai-data-centers-taxes.html

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1 week ago

https://nytimes.com/2026/09/30/technology/meta-ai-data-centers-taxes.html

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Similar Claims (5)

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Under a tax credit created in the 1980s to spur innovation, companies can get a rebate for supplies only if they are being tested in an experimental effort, not standard business operations. 0.950

Simplified: A tax credit from the 1980s allows companies to receive rebates for supplies only if those supplies are used in experimental efforts, not standard bus...

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Thousands of companies, including other tech giants, get huge benefits from the research tax credit, overwhelmingly for salaries paid to researchers and engineers. 0.950

Simplified: Thousands of companies, including tech giants, benefit significantly from the research tax credit, primarily for salaries of researchers and engineers...

1 week ago
Congress passed the Tax Equity and Fiscal Responsibility Act in 1982, Social Security reform in 1983, and tax reform in 1986, and eventually enabled the surpluses of the late 1990s. 1.000

Simplified: Congress passed the Tax Equity and Fiscal Responsibility Act in 1982, Social Security reform in 1983, and tax reform in 1986.

3 weeks ago
His opponent, Ronald Reagan, came into office committed to the goal of eliminating the department. 0.950

Simplified: Ronald Reagan came into office committed to eliminating the Department of Education.

7 months ago
On Thursday, the movie and television industry is expected to get its first glimpse of a potential lifeline: Lawmakers in Washington plan to introduce legislation, which The New York Times has reviewe... 0.950

Simplified: On September 24, 2026, lawmakers in Washington planned to introduce legislation creating the first U.S. federal tax credits for film and television pr...

2 weeks ago