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Strategies & Market Trends : World Outlook

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To: Les H who wrote (44967)	2/14/2025 12:31:23 PM
From: Les H	Read Replies (1) of 50883

The $75 Billion Reason These 5 Corporations Had to Help Fund Trump's Inauguration Lobbyists want Congress to restore a policy that allowed companies to immediately deduct the expenses characterized as research and development in the year they are incurred. Proponents of the tax break make a very questionable argument that it encourages companies to engage in research that benefits society. But reinstating this tax break retroactively obviously cannot accomplish this because it would merely reward companies for research and development investments they already made. The $75 billion saved by these companies would be a pure windfall that does not require them to do anything going forward. Common Dreams

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