meanwhile, the 2017 tax cuts and jobs act contained a provision that now prevents companies from deducting research and development, expenses, including software development.
Because neoliberals have built managed democracies in every wealthy country the world over, ensuring that every election is between a blue neoliberal and a red neoliberal.
This is wonderful. I did spot this:
Why the fuck do tax deductions for executive compensation exist in the first place?!?!
Companies have been allowed to treat pay as a business expense. Executive pay is pay, so they treat it as a cost of doing business.
meanwhile, the 2017 tax cuts and jobs act contained a provision that now prevents companies from deducting research and development, expenses, including software development.
It really shouldn’t.
What they should do is reduce taxes on bonuses for middle and lower classes. The C-suits don’t need the tax break.
Because neoliberals have built managed democracies in every wealthy country the world over, ensuring that every election is between a blue neoliberal and a red neoliberal.