[HN Gopher] Will US companies hire fewer engineers due to Sectio...
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Will US companies hire fewer engineers due to Section 174?
Author : obiefernandez
Score : 21 points
Date : 2024-01-09 20:46 UTC (2 hours ago)
(HTM) web link (newsletter.pragmaticengineer.com)
(TXT) w3m dump (newsletter.pragmaticengineer.com)
| encoderer wrote:
| Yes absolutely. People who call this is death sentence; well
| that's a bit dramatic. The corporate tax rate is 20% so what this
| is really doing is making every employee 20% more expensive.
|
| If headcount stays stable eventually you go back to your 2021
| taxes. If you keep growing, you keep feeling the pain.
|
| That said, this is absolutely insane and I sincerely hope
| congress fixes it. Small companies are definitely squeezing
| raises, laying off and changing hiring plans.
| boojing wrote:
| Previously discussed last week:
| https://news.ycombinator.com/item?id=38870429
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