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Unfortunately by trying to "fix" this, they've caused massive US software developer layoffs. So even less tax revenues. And an even weaker economy.
by echelon 1y ago
Unfortunately by trying to "fix" this, they've caused massive US software developer layoffs. So even less tax revenues. And an even weaker economy.
- wfh 1y agoHas this tax change been mentioned in any earnings calls as a reason for layoffs. Perhaps if that evidence could be found it would bolster the argument being made here. Didn't someone have all earnings call transcripts in a large database - perhaps an AI can find evidence of this?
- owlstuffing 1y agoWhile this modification may contribute to layoffs, the general declining economy is the real culprit — the layoffs started long before the tax code change.