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Google fires protestors, NPR chaos, Humane's AI Pin, Startup tax crisis, sports betting scandal
All-In with Chamath, Jason, Sacks & Friedberg
The Impact of R&D Tax Changes on Startups
21min Snip
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Exploring the challenges faced by Silicon Valley startups due to the R&D tax problem introduced by the Tax Cuts and Jobs Act of 2017, which requires companies to amortize their R&D expenses over five years. The chapter emphasizes the consequences on sectors such as tech, life sciences, and defense, urging Congress to intervene to mitigate the effects on small businesses.
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