> An up-front depreciation deduction, a new accounting standard for interest deductibility, and expensing for research and development costs are also included. This trio of cuts has been avidly sought by business lobbies since they expired a few years ago.
Software companies should be cheering this as without it they would not be able to deduct their salary expenses.
codingdave•7mo ago
Yes, of course the money is getting shuffled differently, benefiting corporations and rich people. That is one of the major purposes of the bill. Raising your hand to say, "Hey, I'm in the minority who doesn't get screwed over by this" is completely tone deaf.
koolba•7mo ago
Software companies should be cheering this as without it they would not be able to deduct their salary expenses.
codingdave•7mo ago