https://qz.com/tech-layoffs-tax-code-trump-section-174-microsoft-meta-1851783502
That’s what makes the politics of Section 174 so revealing. For all the rhetoric about bringing jobs back and making things in America, the first Trump administration’s major tax bill arguably helped accomplish the opposite.
Quartz
How a tax code time bomb fueled mass tech layoffs
A decades-old tax rule helped build America's tech economy. A quiet change under Trump helped dismantle it
AI dreaming HN home page 10 years from now:
https://dosaygo-studio.github.io/hn-front-page-2035/news
https://dosaygo-studio.github.io/hn-front-page-2035/news