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I'd be interested to see more discussion on Section 174, how engineer salaries suddenly triggered a higher tax bill in 2022. https://qz.com/tech-layoffs-tax-co
by tangotaylor 1y ago
I'd be interested to see more discussion on Section 174, how engineer salaries suddenly triggered a higher tax bill in 2022.
https://qz.com/tech-layoffs-tax-code-trump-section-174-microsoft-meta-1851783502 https://qz.com/tech-layoffs-tax-code-trump-section-174-micro...
Did Section 174 changes accelerate tech job losses? It's unclear from the paper because they only look at the data excluding tech firms, not only tech firms.
I want to see cause-and-effect: the cause being tax changes, the effect being tech firm layoffs, but they don't analyze the effect.