This tax was blatantly a shot at CA and NY tech companies from the maga crowd. Also worth noting that Section 41 offers credits for R&D which helps offset this

This tax was blatantly a shot at CA and NY tech companies from the maga crowd. Also worth noting that Section 41 offers credits for R&D which helps offset this. The latest debt ceiling bill has a fix for this, and if that doesn’t go through there are bills in the house and senate to rewind this.