Post #2604880
2026-05-14 18:45 UTC
@andrew@esq.social @j4ck@iosdev.space @atpfm@mastodon.social @siracusa@mastodon.social that being said, the article cited does not in any way make the case that making r&d amortizable was a 'time bomb' that we're just seeing the effects of now... and as a tax lawyer I'm struggling to determine whether there is some truth to that, and i just don't see it. which doesn't mean it's not there!
edit: I was misreading what it meant by time bomb, see below.
Replies (2)
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@j4ck@iosdev.space 2026-05-14 18:50
@Amoshias@esq.social hm? The time bomb aspect is that the tax bill was passed in 2017 **to take effect in** 2023. Which lines up with the https://layoffs.fyi/ graph: rare layoffs from 2020-2022, then some layoffs from Q2-2022, building up to a spike in Q1-2023, followed by continuous quarterly layoffs affecting huge numbers of workers.
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@andrew@esq.social 2026-05-14 19:07
@Amoshias@esq.social @j4ck@iosdev.space @atpfm@mastodon.social @siracusa@mastodon.social The time bomb language is often used by journalists during the pendency of the legislative change and the end of the next tax year. That said, this was written in Dec of 2025 so I think anyone it impacted would have known by then.