silence7@slrpnk.net to politics @lemmy.worldEnglish · 4 months agoBiden calls for broad new social programs, higher taxes on corporations and the wealthywapo.stexternal-linkmessage-square95fedilinkarrow-up1408arrow-down18
arrow-up1400arrow-down1external-linkBiden calls for broad new social programs, higher taxes on corporations and the wealthywapo.stsilence7@slrpnk.net to politics @lemmy.worldEnglish · 4 months agomessage-square95fedilink
minus-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up53·4 months agoCompanies have been allowed to treat pay as a business expense. Executive pay is pay, so they treat it as a cost of doing business.
minus-squareaubeynarf@lemmynsfw.comlinkfedilinkarrow-up21·4 months agomeanwhile, the 2017 tax cuts and jobs act contained a provision that now prevents companies from deducting research and development, expenses, including software development.
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.