| ▲ | Lu2025 2 days ago | |||||||||||||||||||||||||
They classify a lot of it as R&D and write it off taxes. Taxpayers foot the bill. | ||||||||||||||||||||||||||
| ▲ | AdieuToLogic 2 days ago | parent | next [-] | |||||||||||||||||||||||||
> They classify a lot of it as R&D and write it off taxes. Taxpayers foot the bill. Taxpayers do not "foot the bill" for corporations reducing their tax obligations via "write-offs". See: https://accountinginsights.org/what-does-write-it-off-mean-f... | ||||||||||||||||||||||||||
| ▲ | trenchpilgrim 2 days ago | parent | prev | next [-] | |||||||||||||||||||||||||
"That's not a write off!" https://www.youtube.com/watch?v=aCP27_vquxQ | ||||||||||||||||||||||||||
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| ▲ | gruez 2 days ago | parent | prev [-] | |||||||||||||||||||||||||
If you're taking about the R&D provisions in the OBBBA, that only changes the schedule of the deduction (immediately vs over several years). R&D, like most business expenses were was always deductible. Whether it's prudent or not isn't a factor. | ||||||||||||||||||||||||||