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>It's not enough. I was geared up to start a business this year; this, specifically, has put the brakes on it. Bro what? Were you starting the business specifi
by lulznews 3y ago
>It's not enough. I was geared up to start a business this year; this, specifically, has put the brakes on it.
Bro what? Were you starting the business specifically to get these deductions? (I’m genuinely curious, sounds like a fun regulatory arbitrage.)
- genmud 3y agoTaking a 30% hit on business income is a significant thing.
- lulznews 3y agoTech startups are usually “let’s take a gamble” not “let’s pencil in 30% tax deductions.” I’m all for not paying taxes but it’s not typically part of the calculus before starting something.
- genmud 3y agoWhich is why so many are having issues. Having to come up with a 30-60k per engineer on top of your expected salary burn rate can have serious impacts to a startup runway.