Birdwatch Note Rating
2022-10-30 20:04:08 UTC - HELPFUL
Rated by Participant: 3FBA3C4331417601A9E92BCC8566DA165323671378E48103F48F0E0172E4D5F4
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