I’m not sure what you mean by saying that hiring r&d will be treated as other forms of capital investment. I'm countering your point about 'hiring being penali

I’m not sure what you mean by saying that hiring r&d will be treated as other forms of capital investment. I'm countering your point about 'hiring being penalized'. I'm saying, no, it's just being treated consistently (from a cost recognition perspective) as all other types of cost. I think the article addresses this by stating that companies don’t run with five years’ worth of money sitting around ready to be spent on this. Google's net cash flow from operating activities is $300bn/year. Its total R&D expenditure is $50bn/year. It has $100bn cash on hand.