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I think it’s certainly a possibility. And the reality of this has been quite the discussion point during our small company’s tax and budget planning. The tinfo
by karmelapple 4y ago
I think it’s certainly a possibility. And the reality of this has been quite the discussion point during our small company’s tax and budget planning.
The tinfoil hat side of me wonders if this was done to possibly provide cover / a reason to do the layoffs. Someone lobbied for this. Congress had bipartisan support for extending the R&D carveouts for software development last session. Yet they didn’t. Why not?
They probably just ran out of time in the lame duck session… but still, why not go for a bipartisan win? Perhaps could be that tech companies are the ones legislators are comfortable sacrificing at the moment, although it seems they’d want to attack the big tech giants and not impact every company doing software development. I don’t get it.
- throwanem 4y ago> why not go for a bipartisan win? And then not trumpet it to the skies? It reads to me more like a screwup owing to excessive partisanship, and that seems borne out in https://www.forbes.com/sites/lynnmucenskikeck/2022/11/22/will-the-new-congress-continue-to-stifle-domestic-rd-investment/?sh=355dc2fc2925 https://www.forbes.com/sites/lynnmucenskikeck/2022/11/22/wil...