News for hackers. Stuff that matters.

A comment on Abundant Capital. Parent comment

Re:Abundant Capital by sangnoir on Monday February 22, 2021 @11:05PM (#26233702)
> Borrowed from whom?

Borrowed from taxpayers. The instrument is an AOT tax deduction/rebate for the 2021 tax year. "We know you are going to pay your taxes, you can have some of it back right now".

[ Parent | on HN ]
Re:Abundant Capital by imtringued on Tuesday February 23, 2021 @04:02AM (#26235225)
Yeah a stimulus check is just a tax rebate for private individuals instead of doing a tax rebate for corporations.
[ Parent | on HN ]