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This is effectively a subsidy for the tech industry, why is this incentive necessary here? It's not specifically targeting startups from what I can tell and pot
by holyroller 2y ago
This is effectively a subsidy for the tech industry, why is this incentive necessary here? It's not specifically targeting startups from what I can tell and potentially just a kickback to large employers and investors.
- aaronblohowiak 2y agoWhy is forced amortization of payroll a subsidy?
- phyzix5761 2y agoAll software jobs, including those in startups, are affected by the amortization rule. It makes it harder for startups to afford more software engineers because they have to pay taxes on cash they don't actually have. The only companies the new amortization rule helps is big established firms that can afford to amortize because they have excess cashflow.