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

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337 points tareqak | 2 comments | 05 Jul 25 00:24 UTC | HN request time: 0.42s | source
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agwa ◴[05 Jul 25 02:33 UTC] No.44469695[source]▶
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-...
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yieldcrv ◴[05 Jul 25 02:37 UTC] No.44469716[source]▶
I disagree, every rider was independently lobbied for and the outcome would be the same if passed separately by Congress or as a rider in a larger bill like it was.

There is no reason to have cognitive dissonance over it.

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1. edaemon ◴[05 Jul 25 03:13 UTC] No.44469861[source]▶
If every rider was independently proposed the outcome wouldn't be the same, reconciliation wouldn't apply and 60 Senate votes would be required to pass them.
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2. yieldcrv ◴[05 Jul 25 03:21 UTC] No.44469885[source]▶
decent point

two counteracting forces:

The senate parliamentarian decided they could be in the reconciliation bill

and outside of the reconciliation bill, believe it or not, Congress does pass other bills over the 60 senate vote threshold

This R&D one would be a decent candidate