alphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 25 days agoNo more tech hiring in India, Donald Trump tells Google, Microsoft and others to focus on Americanswww.indiatoday.inexternal-linkmessage-square28linkfedilinkarrow-up1134cross-posted to: [email protected]
arrow-up1134external-linkNo more tech hiring in India, Donald Trump tells Google, Microsoft and others to focus on Americanswww.indiatoday.inalphacyberranger@sh.itjust.works to World News@lemmy.worldEnglish · 25 days agomessage-square28linkfedilinkcross-posted to: [email protected]
minus-squareCompactFlax@discuss.tchncs.delinkfedilinkEnglisharrow-up4·25 days agoActually that’s the “problem” isnt it. There’s a tax loophole for tech industry payroll that was recently closed up if I recall correctly.
minus-squareWanderingThoughts@europe.publinkfedilinkEnglisharrow-up6·25 days agoTech workers can’t be written down as R&D anymore, and get a big tax cut on the wages. Immediately layoffs started. That’s what I recall.
minus-squarenickwitha_k (he/him)@lemmy.sdf.orglinkfedilinkEnglisharrow-up1·25 days agoAnd that was signed by Trump.
Tax cuts and bail outs.
Actually that’s the “problem” isnt it. There’s a tax loophole for tech industry payroll that was recently closed up if I recall correctly.
Tech workers can’t be written down as R&D anymore, and get a big tax cut on the wages. Immediately layoffs started. That’s what I recall.
That’s the one
And that was signed by Trump.