Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

thesquanderer

(12,686 posts)

11. Thanks, and it was a good attempt, but it still doesn't make sense to me.

Reply to Ol Janx Spirit (Reply #9)

Wed Jun 11, 2025, 12:35 PM

Jun 11

Salaries (which generate W2s) and contractors (which generate 1099s) are all normally fully deductible in the year they happen, not amortized over the following 10-15 years as the article alludes to. Things like the building and development of facilities, equipment purchases etc., yes, those are kinds of things that are typically amortized over years and not normally immediately fully deductible, so then the relevance of such a change is clear. But the articles discuss personnel/salaries, where I don't see that relevance.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

rampartd

12 replies

= new reply since forum marked as read

Highlight:

There's a Fascinating Hidden Reason That So Many High-Earning Tech Workers Are Getting Laid Off Now [View all] littlemissmartypants Jun 11 OP

That will definitely put the US into the dark ages UpInArms Jun 11 #1

this coupled with govt cuts to science wil effectively destroy American research leadership LymphocyteLover Jun 11 #2

Trump shoots US future in the foot, Putin is pleased. nt Festivito Jun 11 #3

So I can blame Trump for my layoff nuxvomica Jun 11 #4

Republicans love taking America backwards and killing jobs IronLionZion Jun 11 #5

Just like the Confederacy... dlk Jun 11 #8

They fantasize about plantation life and being robber barons IronLionZion Jun 11 #10

I don't get this. Salaries paid to employees are tax deductible anyway. What am I missing? (n/t) thesquanderer Jun 11 #6

The Quartz article explains it pretty well: Ol Janx Spirit Jun 11 #9

Thanks, and it was a good attempt, but it still doesn't make sense to me. thesquanderer Jun 11 #11

You are absolutely right about deducting salaries. I have to guess that the impact is... Ol Janx Spirit Jun 11 #12

See? He's not like a certain German leader at all. He knew well the value of R&D.... /s Ol Janx Spirit Jun 11 #7