Looking through the latest 'Who's Hiring' thread last week, I noticed that a higher percentage of the remote jobs seemed to specify Remote (US). Could one of the causes of that, have been employers reading ahead and making decisions on the basis that this bill might be passed? Or is there some other reason? Or is it just a case where it fluctuates randomly from month to month, and I am trying to read pattern into random noise?
OBBB signed: Reinstates immediate expensing for U.S.-based R&D
331–340 of 395 posts
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#332Is there a more bizarre legislative process anywhere in the world? The US Congress is practically able to pass only a single giant bill every year. To work around its own deficit rules, these bills are packed with taxation time bombs where rules have expiration dates or delayed starts several years in the future. Then, if Congress doesn’t get around to defusing its own time bombs, you get situations like this R&D exp…
The unserious and corrupt are consistently rewarded with re-election. I really have no idea how we move forward.
Get rid of the First Past the Post voting system. Almost all the brokenness of US politics is downstream from FPTP. It incentivates divisiveness instead of collaboration and consensus, which a better voting system would.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#333Earlier quoted context omitted.
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.
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.
That doesn’t matter, what matters is making the narrative stick.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#334As 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-...
Is the girl in the picture going to lose coverage? If yes, what part of the OBBB is going to remove her coverage? If not, then why go into all this detail about her if she's going to keep her coverage?
Nobody can answer any of these questions because they've been misled by misinformation which has ironically been promoted by the same people who bleat about misinformation on a daily basis.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#335Earlier quoted context omitted.
From experience I think your 10% feels overly pessimistic. 30-40% feels more accurate, just like only about the same % that can survive an open plan or cubicle floor. I see lots of people thriving in remote. Main reasons being a huge increase in quality of life. Regaining 2-3 hours of senseless commuting time per day, getting small household chores done over lunch, not having to schedule repair and maintainance appoi…
I can’t disclose details but I’ve been doing mentoring, screening and interviewing + screening for years and saw remote communities grow from 10s to 1000s. What you’re saying is true especially in the honeymoon phase, but the running joke is that you don’t really live remote life unless solitude made you name a pigeon. I’ve seen careers of many of my peers and usually 5 years in people starts to seek on-site. There’s…
> unless solitude made you name a pigeon
This is kind of hilarious because I moved to Wyoming a few years ago and have recently started naming the magpies.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#336[deleted]
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#337Earlier quoted context omitted.
>I'm still stunned when I see what devs are paid in Germany and southern Europe though. Are German wages really low? I thought Germany as the richest country in Europe.
Usually one earns half to a third of net wage in Germany compared to East Coast US. A maximum of 100k total cash compensation is usually the norm for mid-size companies. That is for the most senior engineers. It is also taxed almost at 50%.
Isn't that the norm everywhere in Europe?
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#338Earlier quoted context omitted.
I think you're only looking at big tech wages when you compare with Ireland. Norway doesn't have much of a tech industry.
Yeah but there's lots and lots of no big tech US companies in Ireland. They generally don't have much equity or bonuses but the base is OK. I got 6 figures from a bunch of them in Ireland so it's possible.
How much of that wage is left after taxes and Dublin housing?
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#339Earlier quoted context omitted.
For comparison, India taxes remittances at 20%.
This is not true. There's a TCS of 20%, which is an advance tax payment that you can claim back in your income tax returns at the end of the year, and it not an additional tax. This is just a (bad) mechanism to stop black money from leaving the country.
Thanks I didn't realize that it was refundable, I guess "India makes people loan 20% of their foreign remittances to the government interest-free" would be more accurate.
Re: OBBB signed: Reinstates immediate expensing for U.S.-based R&D
#340Earlier quoted context omitted.
Usually one earns half to a third of net wage in Germany compared to East Coast US. A maximum of 100k total cash compensation is usually the norm for mid-size companies. That is for the most senior engineers. It is also taxed almost at 50%.
Isn't that the norm everywhere in Europe?
Isn't what the norm? Europe is not the US. Each country has its own living standards and completely different tax laws. EU doesn't unify them. In Switzerland one pays much less tax. In Netherlands it is possible to get 30% tax break if you haven't lived there for more than 5 years. Both the Netherlands and Switzerland pay higher wages too.