41–50 of 395 posts
Actual title is "House Passes Tax Bill Sending to President for Signature – Details Inside".
I think we will see this lead to a boost in software developer employment.
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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.
> 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…
If correct, this is a good thing on a generally bad, overstuffed bill. Immediate expensing never should have been changed in the first place, and it was always weird seeing people twist themselves in knots defending it.
The recent (-ly undone) change went against decades of how things were, was crippling for medium size cashflow-positive startups, effectively increased taxes, etc. But it was really just a straightforward application of the general principles that apply to most everything else.
As a small software business owner, I have to agree with Michele Hansen (who spent 2 years advocating on behalf of small software businesses for this very change): "we’re finally going to get Section 174 relief, and I couldn’t be angrier" https://www.linkedin.com/posts/mjwhansen_it-looks-like-were-...
There is no reason to have cognitive dissonance over it.
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Extra $250 fee for visa applications: https://judiciary.house.gov/media/press-releases/big-beautif... 3.5% remittance fees on sending money out of the US: https://www.globalimmigrationblog.com/2025/06/what-are-the-i... Also (in above source), no ACA subsidies for H-1B visa holders (and others), which likely means employers they will have to pay more for health care if they want to cover their immigrant workers
Quoting all the fees in https://judiciary.house.gov/media/press-releases/big-beautif... > Expansion of Immigration Fees: > $1,000 asylum application fee — first in U.S. history > $1,000 fee for individuals paroled into the U.S. > $3,500 fee for sponsors of unaccompanied children > $5,000 fee for sponsors of unaccompanied children who fail to appear in court > $550 fee for work permits > $500 application fee for Tempo…
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Either scenario taxes are paid - it’s just how and over what time period.
In the long run, we are all dead. 20% depreciation per year for any software developed is a burden for all but the largest of companies.
Weird how the depreciation schedule changes based on how the software was acquired.
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Source?
Extra $250 fee for visa applications: https://judiciary.house.gov/media/press-releases/big-beautif... 3.5% remittance fees on sending money out of the US: https://www.globalimmigrationblog.com/2025/06/what-are-the-i... Also (in above source), no ACA subsidies for H-1B visa holders (and others), which likely means employers they will have to pay more for health care if they want to cover their immigrant workers
The Senate made a lot of changes (Byrd rule also nuked a lot of stuff) so old articles are of limited use to the final bill.
I don't even know if [2] is the actual final text as there is neither an enrolled or public law version on congress.gov yet.
It's super annoying how often we can't read the final text of a bill before Congress votes on it.
[1] https://www.congress.gov/bill/119th-congress/house-bill/1/te...
[2] https://www.congress.gov/bill/119th-congress/house-bill/1/te...
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Awesome, this literally could not be better for American tech workers.
There's also H-1B (and other worker visa) restrictions/costs imposed. Overall, quite good for the American tech worker