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A comment on Tell HN: Help restore the tax deduction for software dev in the US (Section 174). Parent comment

Re:Tell HN: Help restore the tax deduction for software dev ... by dgs_sgd on Monday June 09, 2025 @11:44PM (#44232256)
> It was passed by Congress during the first Trump administration in order to offset the costs of other corporate tax rate cuts, due to budgeting rules.

Wow, so there isn’t really a good faith steel man for this? They were just like, hey, we need to offset other cuts so let’s arbitrarily pick a high paying profession that, not so coincidentally doesn’t have a lot of influence in government, and let them take the hit?

[ Parent | on HN ]
Re:Tell HN: Help restore the tax deduction for software dev ... by andrewlgood on Tuesday June 10, 2025 @09:07AM (#44236333)
I think it was more along the line that R&D had been formally encouraged with special expensing rules and in 2017 they removed the special treatment.
[ Parent | on HN ]