How Big Companies Saved $148B from the 2025 Tax Law

In 2025, a new law called the One Big Beautiful Bill (OBBB) was passed. This law made many changes to the U.S. tax system. Some of the biggest winners from this new law are large companies like Amazon, Meta, Microsoft, and AT&T.

These companies are saving a lot of money—about $148 billion altogether. That’s a huge number! But how are they saving all this money? Let’s break it down in a simple way.

What Is a Tax Break?

A tax break means a person or a business gets to pay less money in taxes. This happens through deductions, credits, or special rules that lower the amount they owe to the government.

The OBBB law gives new tax breaks to businesses, especially very big ones. These breaks help them keep more of their money instead of sending it to the IRS.

What Did the New Law Change?

The new law gives companies faster ways to write off the money they spend. Two of the most important changes are:

1. Immediate Expensing

This means that when a company buys something big, like machines or computers, they can subtract the full cost right away from their taxes instead of doing it over many years.

2. Accelerated Depreciation

This lets companies take bigger tax deductions faster on things they buy for their business.

Why Are These Rules a Big Deal?

In the past, if a company bought a new machine for $1 million, it could only take small tax deductions each year for 10 years. Now, with immediate expensing, they can take the full $1 million deduction right away. That means they pay a lot less in taxes this year.

Multiply that by hundreds of purchases across many big companies, and the tax savings add up fast.

Who Are the Biggest Winners?

Some of the largest companies in the U.S. are saving the most:

Amazon uses many warehouses, trucks, and technology. It gets big tax savings for all those tools.
Meta (the company behind Facebook) invests in computers and data centers. These cost a lot, but the new law helps cut their tax bill.
Microsoft builds software and buys a lot of equipment. They also get big breaks from the law.
AT&T uses towers and other hardware to keep people connected. The new law helps them too.

Together, companies in the S&P 500 stock index are expected to save about $148 billion just in 2025.

How Does This Help the Economy?

Some experts say these tax breaks could help the economy grow. If companies have more money, they might:

Hire more workers
Build more buildings or buy new tools
Invest in new products and technology

This could mean more jobs and better services for regular people.

But Not Everyone Thinks It’s Good

Some people are worried. They say:

These tax breaks mostly help very rich companies.
Smaller businesses and working families don’t get as much help.
The government could lose money it needs for roads, schools, and healthcare.

When companies pay less in taxes, the government might need to borrow more money or cut programs that help people.

Will This Save You Money?

If you are a regular person, this part of the law may not change your taxes directly. These breaks are mostly for big companies that buy a lot of business equipment.

But you could still be affected. For example:

If your employer is saving money, maybe they will give raises or bonuses.
If the economy grows, there might be more job openings.
But if the government cuts services, you might feel it in your community.

What Should You Watch For?

Here are a few things to keep an eye on:

Prices – Will companies use their savings to lower prices, or will they keep the money?
Jobs – Are more companies hiring? That’s a sign the tax breaks are helping.
Government Spending – Will cuts be made to schools or programs you use?

What Can You Do?

Even if you’re not a big company, there are still smart ways to manage your taxes. Here are a few tips:

Keep good records of your income and spending.
Ask a tax pro if you qualify for any new deductions.
Stay updated on changes to the tax law.

Final Thoughts

The new tax law in 2025 is helping big companies save billions of dollars. They’re getting these savings through faster ways to write off business costs. While some experts say this helps the economy, others are worried it may hurt working families in the long run.

Whether you agree with it or not, this is one of the biggest tax stories of the year. Understanding how it works can help you be a smarter taxpayer and citizen.