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OBBB signed: Reinstates immediate expensing for U.S.-based R&D
31–40 of 395 posts
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#32Earlier quoted context omitted.
> It’s an overstuffed bill because nobody will compromise on anything so the only way to pass a bill that has anything even remotely controversial to either party is one reconciliation bill a year. No, and lots of controversial bills have passed other than as reconciliation bills, and especially so during trifectas where they "controversial" within the minority party but broadly supported by the majority; reconciliat…
In the last 10 years, have there been more than a handful of bills that got 60 votes in the senate? I wouldn't like what the current congress would do without the filibuster, but at this point a paralyzed system might be worse.
"Despite Democrats holding thin majorities in both chambers during a period of intense political polarization, the 117th Congress (2021-2023) oversaw the passage of numerous significant bills, including the Inflation Reduction Act, American Rescue Plan Act, Infrastructure Investment and Jobs Act, Postal Service Reform Act, Bipartisan Safer Communities Act, CHIPS and Science Act, Honoring Our PACT Act, Electoral Count Reform and Presidential Transition Improvement Act, and Respect for Marriage Act."
All of these except the first two were bipartisan and got 60 Senate votes (or more)
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#33Actual title is "House Passes Tax Bill Sending to President for Signature – Details Inside".
I think editorializing the title is fine in this case. The original headline is not descriptive and buries the part that would be relevant to HN.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#34I think we will see this lead to a boost in software developer employment.
I’m hoping so, too, along with another boost in salary growth since they’re immediately expensable.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#35Earlier quoted context omitted.
> It’s an overstuffed bill because nobody will compromise on anything so the only way to pass a bill that has anything even remotely controversial to either party is one reconciliation bill a year. No, and lots of controversial bills have passed other than as reconciliation bills, and especially so during trifectas where they "controversial" within the minority party but broadly supported by the majority; reconciliat…
In the last 10 years, have there been more than a handful of bills that got 60 votes in the senate? I wouldn't like what the current congress would do without the filibuster, but at this point a paralyzed system might be worse.
The answer is to vote out politicians. Getting ranked choice voting on your states ballot would go a long way to fixing this. They would not have Mamdani on the ballot for NY mayor if it wasn't for ranked choice voting. Certain politicans know this and have made RCV illegal in their state. Get RCV on the ballot for your state.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#36Earlier quoted context omitted.
In the last 10 years, have there been more than a handful of bills that got 60 votes in the senate? I wouldn't like what the current congress would do without the filibuster, but at this point a paralyzed system might be worse.
"Despite Democrats holding thin majorities in both chambers during a period of intense political polarization, the 117th Congress (2021-2023) oversaw the passage of numerous significant bills, including the Inflation Reduction Act, American Rescue Plan Act, Infrastructure Investment and Jobs Act, Postal Service Reform Act, Bipartisan Safer Communities Act, CHIPS and Science Act, Honoring Our PACT Act, Electoral Count…
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Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#37[flagged]
this doesn't add anything to the conversation.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#38Earlier quoted context omitted.
> It’s an overstuffed bill because nobody will compromise on anything so the only way to pass a bill that has anything even remotely controversial to either party is one reconciliation bill a year. No, and lots of controversial bills have passed other than as reconciliation bills, and especially so during trifectas where they "controversial" within the minority party but broadly supported by the majority; reconciliat…
In the last 10 years, have there been more than a handful of bills that got 60 votes in the senate? I wouldn't like what the current congress would do without the filibuster, but at this point a paralyzed system might be worse.
What does that matter? We're talking trifectas here, not supermajorities. The filibuster is a cute remnant of "decorum." It's a vestigial rule which will disappear when too inconvenient. (Fun question with not-so-fun answers: why isn't the filibuster gone already?)
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#39Earlier quoted context omitted.
There's also H-1B (and other worker visa) restrictions/costs imposed. Overall, quite good for the American tech worker
Meh. If you hire H-1B you should be required to pay a fee greater than it costs to educate an equivalent American. Otherwise you're always in the situation where you have to hire foreigners because no Americans are trained. (or in reality you hire foreigners because they're cheaper for the same role which this no longer makes it the case)
NJ, home of the H1B scam. I worked with these guys at some large corporations on contract and as an employeed (F500 companies). I felt bad for them. Modern serfs. They lived in housing owned by you know the names of these indian firms that do 'anything'. Companies love the low cost, unlimited hours, and no need to hire, they're contractors. they sign deals with big indian vendors to provide everythingunderthesun.
Poor dudes are like ' this is my chance to make it in America' and the high caste indian management treats them like dirt.
The 'old boomers yelling at young people' is a myth in professional America compared to the absolute screaming insults you'd hear hurled at these guys.
And if they messed up? boom, gone, next guy flown in.