top | item 45296814 (no title) Lu2025 | 5 months ago They classify a lot of it as R&D and write it off taxes. Taxpayers foot the bill. discuss order hn newest AdieuToLogic|5 months ago > 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|5 months ago "That's not a write off!" https://www.youtube.com/watch?v=aCP27_vquxQ anonymars|5 months ago Obligatory -- "You don't even know what a write-off is. Do you?"https://youtu.be/XEL65gywwHQ load replies (1) gruez|5 months ago 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.
AdieuToLogic|5 months ago > 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|5 months ago "That's not a write off!" https://www.youtube.com/watch?v=aCP27_vquxQ anonymars|5 months ago Obligatory -- "You don't even know what a write-off is. Do you?"https://youtu.be/XEL65gywwHQ load replies (1)
anonymars|5 months ago Obligatory -- "You don't even know what a write-off is. Do you?"https://youtu.be/XEL65gywwHQ load replies (1)
gruez|5 months ago 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.
AdieuToLogic|5 months ago
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|5 months ago
anonymars|5 months ago
https://youtu.be/XEL65gywwHQ
gruez|5 months ago