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To head off the likely questions, I downvoted this comment because it is a gross misrepresentation of section 174 and the changes made to it.
by anp 1y ago
To head off the likely questions, I downvoted this comment because it is a gross misrepresentation of section 174 and the changes made to it.
- madaxe_again 1y agoWhat have I grossly misrepresented? Or are you arguing that a tax rebate is not a subsidy? I haven’t even mentioned the changes made.
- anp 1y agoTo start, rules for deductions aren’t tax rebates. Rebates also aren’t necessarily subsidies unless they’re targeted. Deciding whether labor is a capital or operating expense and deciding how to depreciate it if capital is also not a subsidy.
- madaxe_again 1y agoWould you like a razor with which to better split hairs? Also, I don’t appreciate your blatant racism.