Joshua Clanton
@joshuacc
Catholic. Senior UX/UI Engineer
ID: 15072904
http://joshuaclanton.dev 10-06-2008 13:23:06
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Boring_Business In tech, it’s Section 174: salaries for software devs must be amortized instead of expensed, meaning that dev salaries create big tax liabilities. Congress created a tax penalty for employing developers and companies responded rationally.
Tyler Austin Harper It’s my cross to bear in this website to remind everyone that the collapse of the software job market in the US was caused by the forced amortization of dev salaries starting in 2022 under Section 174, which made employing devs a massive tax liability.