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

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

#111

Post by benreesman »

agwa wrote: post #42

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-...

Yeah. This is a tough one. Its a really bad bill that happens to also be the best thing that could happen in the economic life of most any programmer.

This is going to make a lot of people's lives a lot worse and I'm against it even though it's an absurd windfall for me and people like me.

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

#112

Post by ChromaticPanic »

nandomrumber wrote: post #106
0xbadcafebee wrote: post #91

The elimination of green energy incentives is going to have a big negative effect on the economy. Those billions of dollars not only were going to new businesses and jobs, but they were joined with loans from banks and commitments from customers with the expectation that the government would be funding the remainder. This means private industry and banks will be shouldering the loss of hundreds of billions of dollars…

What evidence is there of governments being more successful at picking winners than the market? Governments should stay out of the winner-picking business, which they do with money from the public purse, and allow individuals and enterprise to use their own money to have a go at picking winners themselves. If industry and banks find investment in any particular field unpalatable without Government incentive, then tho…

This isn't a game so it's not about picking winners. It's about steering the economy so local businesses get an advantage over foreign entities.

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

#113

Post by jnfno »

nandomrumber wrote: post #106
0xbadcafebee wrote: post #91

The elimination of green energy incentives is going to have a big negative effect on the economy. Those billions of dollars not only were going to new businesses and jobs, but they were joined with loans from banks and commitments from customers with the expectation that the government would be funding the remainder. This means private industry and banks will be shouldering the loss of hundreds of billions of dollars…

What evidence is there of governments being more successful at picking winners than the market? Governments should stay out of the winner-picking business, which they do with money from the public purse, and allow individuals and enterprise to use their own money to have a go at picking winners themselves. If industry and banks find investment in any particular field unpalatable without Government incentive, then tho…

What evidence is there those with capital/the market are making the best engineering and science based decisions and not just juicing their portfolio because they’ll be dead when shit hits the fan?

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

#114

Post by raverbashing »

nandomrumber wrote: post #106
0xbadcafebee wrote: post #91

The elimination of green energy incentives is going to have a big negative effect on the economy. Those billions of dollars not only were going to new businesses and jobs, but they were joined with loans from banks and commitments from customers with the expectation that the government would be funding the remainder. This means private industry and banks will be shouldering the loss of hundreds of billions of dollars…

What evidence is there of governments being more successful at picking winners than the market? Governments should stay out of the winner-picking business, which they do with money from the public purse, and allow individuals and enterprise to use their own money to have a go at picking winners themselves. If industry and banks find investment in any particular field unpalatable without Government incentive, then tho…

Cool, cut all the oil subsidies, and road subsidies, and let the market decide

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

#115

Post by jnfno »

ldjkfkdsjnv wrote: post #88
seattle_spring wrote: post #83

Earlier quoted context omitted.

Anyone who knows anything about software and has used AI for more than 24 hours knows that AI won't be "replacing" software engineering anytime soon.

ive been coding 5+ hours a day almost every day for 15 years. i think ai will replace 70% of SWE in the near future. not employement, but 70% of the current work done by engineers

I’ve been coding 5+ a day since the late 80s

And I agree. Because ultimately we don’t need that much code in the first place. We need robust data sets.

AI models will enable the data driven machine state dream. Chips that self improve models will boot strap from them and rely on humans to iteratively improve updates.

Coding like it’s 1970 in the 2020s and beyond is not that high tech.

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

#116

Post by tialaramex »

boroboro4 wrote: post #99
9283409232 wrote: post #35

Earlier quoted context omitted.

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.

Not important but Mamdani would’ve won without ranked choice voting too, it didn’t play a role in the end.

We can't know. Ranked choice changes how people vote.

In particular it gives people permission to vote for a candidate they like but don't expect to be able to win.

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

#117

Post by bmacho »

tomrod wrote: post #58
9283409232 wrote: post #36

Earlier quoted context omitted.

[flagged]

[flagged]

Threads being over is a good thing, isn't it? Truth's been discovered, all parties agree, no more time spent on going in circles, can move on to do other, meaningful things, etc. Unless you are facebook, and you optimize on endless churn, stealing time and showing ads.

I haven't seen the original comment, but the wiki article is moronic. None of the listed example seems even bad to me, claiming that they are the devil is ridiculous. Maybe even a false flag.

The only one that actually has anything to do with "terminating cliche" is "Let's agree to disagree.". But that's just the common phrase you say after you've decided to opt out of an argument. It is not (and can't be) the cause of it, it is the consequence of it.* And it is by no means any bad, or should one avoid it.

* : something something people being able to easily leave an argument makes them do it more. But it would need a lot of stretch to argue that the possibility to go away from arguments is a net negative for humanity

edit: can we agree that the random shit you linked is 100% unrelated to the argument at hand, therefore/and definitely should not be used?

edit2: yeah, it assumes the truthness of some ridiculously nonsensical concepts, and uses them in a meta meta way, that is 2-3 steps away from the topic at hand. Much-much more annoying than anything listed. "This is the hill you want to die on, huh? Naah.. How about.." *points downwards* "..there is this hill there 14000 miles away (actually there is only ocean), how about we move this fight there?" Yeah no thx.

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

#118

Post by sMarsIntruder »

ttul wrote: post #84

Meanwhile, in Canada, not only can you expense R&D, but there is a cashable tax refund that will give you back about 60% of your developers’ salaries…

I hate to see this, but you’re comparing two completely different systems. Like it or not, but Canada is much more “socialist”, you can’t expect it in any case to be like US or viceversa.

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

#119

Post by doctorpangloss »

benreesman wrote: post #111
agwa wrote: post #42

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-...

Yeah. This is a tough one. Its a really bad bill that happens to also be the best thing that could happen in the economic life of most any programmer. This is going to make a lot of people's lives a lot worse and I'm against it even though it's an absurd windfall for me and people like me.

Not sure if this is an absurd windfall... It aligns software developers with the guild professionals, like dentists and lawyers, who had an economically equivalent benefit via S corp distributions. Except to get this one, you have to pay a royalty to someone to write your technical narrative.
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