Birdwatch Note Rating
2022-10-30 13:39:34 UTC - SOMEWHAT_HELPFUL
Rated by Participant: F0703E7A789FB5FE3F16A46734E7F1B09312F3D6A9D0DD16C4D9C4980877FC9B
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