The time bomb in the tax code that's fueling mass tech layoffs

Re:The time bomb in the tax code that's fueling mass tech la... by toofy on Saturday June 07, 2025 @01:32AM (#44207631)

for anyone curious, this wasn’t specifically trump, but it was indeed a republican congress bill. texas republican was the initial sponsor and then republicans lined up to cosponsor.

this was done to fuel their tax cuts to a small group of a certain people.

you can see all of the sponsors here: https://www.congress.gov/bill/115th-congress/house-bill/1/co...

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Re:The time bomb in the tax code that's fueling mass tech la... by leereeves on Saturday June 07, 2025 @01:47PM (#44211241)

It was indeed passed by Republicans in Congress (with Democrats mostly voting Nay), but it was signed by Obama (12/22/2017). Why did he sign it?

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Re:The time bomb in the tax code that's fueling mass tech la... by albertsondev on Saturday June 07, 2025 @02:01PM (#44211349)

I encourage you to look closer at the "in office" section here.

https://en.wikipedia.org/wiki/Barack_Obama

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Re:The time bomb in the tax code that's fueling mass tech la... by drgo on Saturday June 07, 2025 @02:50PM (#44211693)

Thanks Obama! singing terrible bills even after he left office.

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Re:The time bomb in the tax code that's fueling mass tech la... by jyounker on Saturday June 07, 2025 @03:59PM (#44212215)

Pay attention to the dates. It was signed on 12/22/2017. Obama's last day in office was 01/20/2017. That means it was signed by Trump.

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Re:The time bomb in the tax code that's fueling mass tech la... by jeffybefffy519 on Saturday June 07, 2025 @04:47PM (#44212546)

Democracy is broken… its so hard to tell who did this.

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Re:The time bomb in the tax code that's fueling mass tech la... by NooneAtAll3 on Saturday June 07, 2025 @03:28PM (#44211978)

what do you mean by "sponsor"?

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Re:The time bomb in the tax code that's fueling mass tech la... by bradleyjg on Saturday June 07, 2025 @06:13PM (#44213043)

In the U.S. Congress when a bill is introduced in either House it needs to have one or more members to formally ask the chamber to consider the bill—they are known as the bill’s sponsors.

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Re:The time bomb in the tax code that's fueling mass tech la... by dyauspitr on Saturday June 07, 2025 @04:13PM (#44212321)

That sounds exactly like what the parent comment said- a MAGA bill.

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