Birdwatch Note Rating
2022-10-30 20:04:08 UTC - HELPFUL
Rated by Participant: D36F79603F8D0EB440CECAFC89320038
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