2 ms·
This is a nice "just so" explanation, but I don't think it is telling the full story, or even most of it. Sure tax policy probably has an impact, but so do inte
by briga 1y ago
This is a nice "just so" explanation, but I don't think it is telling the full story, or even most of it. Sure tax policy probably has an impact, but so do interest rates, AI, tariffs, inflation, geopolitical turmoil, rampant speculation and hype cycles, etc. If this tax policy is so important why didn't it save the dot com crash from happening? Why are tech industries outside the US seeing similar hiring downturns? It's a boom and bust industry, we're in the bust, and it seems unlikely that one bad tax policy is the culprit.