Birdwatch Note Rating
2022-10-30 14:02:30 UTC - NOT_HELPFUL
Rated by Participant: C31A2B06903640B87679FBB9E46AFA36E3563272ADD9B85B955D4B8E56520927
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