OBBB signed: Reinstates immediate expensing for U.S.-based R&D

Post by ethbr1 » Sat, Jul 05, 2025, 4:12 AM UTC

a_wild_dandan wrote: post #38

cheriot wrote: post #29

Earlier 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.

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?)

Post by seattle_spring » Sat, Jul 05, 2025, 4:18 AM UTC

mlinhares wrote: post #64

johncole wrote: post #26

I think we will see this lead to a boost in software developer employment.

I doubt it, the narrative is that software engineering is dead and everything will be replaced by AI, so that salaries can continue to be depressed. Just like the original passing didn't really cause much trouble in the general market this repeal will mostly just produce more shareholder value.

Post by seany » Sat, Jul 05, 2025, 4:21 AM UTC

lukeschlather wrote: post #50

beebmam wrote: post #6

Earlier quoted context omitted.

There's also H-1B (and other worker visa) restrictions/costs imposed. Overall, quite good for the American tech worker

IDK, sounds like it's a bunch of stupid misc. fees. So instead of just raising the minimum wage for H1Bs and indexing it to inflation, they raise taxes (and these taxes on H1Bs don't seem like a consequential funding source. They might even bring in less tax revenue than raising the H1B minimum wage to where it should be if it had originally been indexed to inflation.)

Post by creato » Sat, Jul 05, 2025, 4:24 AM UTC

mindslight wrote: post #60

djoldman wrote: post #55

Earlier quoted context omitted.

? This applied to salaries, it wasn't a capital expenditure as "capital expenditure" has traditionally been defined. This was an operational expense.

Yes, salaries spent to build a capital asset. Half the cost of a new roof is paying salaries, right? And yet, you still depreciate the whole value of the completed thing, not just the cost of the input materials. If you hire the roofers yourself as employees, you're still supposed to be accounting this way - although obviously there are many ways to fudge it. The point is that building a piece of software that is goi…

Post by jofzar » Sat, Jul 05, 2025, 4:29 AM UTC