Birdwatch Note Rating
2022-10-30 04:04:17 UTC - NOT_HELPFUL
Rated by Participant: 142E3971AA49D73D98CAEF7CB09A619C23E16F8E59D918227E79A178144FC6DB
Participant Details
Original Note:
None of these corporations are “cheating”, they are simply taking advantage of existing tax laws (many predating the CARES Act) tat allows deductions and credit for reinvesting profits in development, research, and other forms of capital investment. https://www.advisorperspectives.com/articles/2021/11/08/55-companies-pay-no-taxes-and-there-is-a-reason-why
All Note Details