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Have companies actually said this section 174 thing has caused layoffs? All I have seen is speculation but nothing concrete that really puts blame on this. Se
by tayo42 1y ago
Have companies actually said this section 174 thing has caused layoffs?
All I have seen is speculation but nothing concrete that really puts blame on this.
Section 174 being a trump thing, i would think if it was the cause of economic issues it would have been brought up endlessly because hes so polarizing, the media is addicted to trump news, he runs on being good for the economy and we just went through an election where this seems it would have been an easy thing to make him look bad. But none of that happened.
I get the logic and how people come to the conclusions, but if this piece of tax law is changed, will there really be changes in hiring?
- mikeflynn 1y agoYes. Absolutely. Just not the big corps. The big corps had tools to mitigate, people to cut to throw red meat to the market, and products to hype about how efficient they are now, etc. I don't know if Big Tech will re-staff. I suspect they might to a degree, but smaller software-focused firms absolutely will. If they are surviving, they are working with a much smaller staff and would jump at the chance to add more hands.