3 ms·
Big tech, ie, large companies who are expected to exist for 5 years with about the same workforce, actually will go back to having the about same benefit in 202
by freeone3000 2y ago
Big tech, ie, large companies who are expected to exist for 5 years with about the same workforce, actually will go back to having the about same benefit in 2027. (They claim 20% of 2022 in 2022, then 20% of 2022 and 20% of 2023 in 2023…) It also covers only development expenses, so sales and legal (a large part of big tech!) are still taken as wage expenses.
So it’s likely the second — and was likely used in part to pay for those very same withholding changes! Or the then-new tax-exemption for lobbying expenses.