Hacker News Reader

“We are heavily subsidised by taxpayers” is not great optics.

To head off the likely questions, I downvoted this comment because it is a gross misrepresentation of section 174 and the changes made to it.

What have I grossly misrepresented? Or are you arguing that a tax rebate is not a subsidy? I haven’t even mentioned the changes made.

To start, rules for deductions aren’t tax rebates. Rebates also aren’t necessarily subsidies unless they’re targeted.

Deciding whether labor is a capital or operating expense and deciding how to depreciate it if capital is also not a subsidy.

Would you like a razor with which to better split hairs? Also, I don’t appreciate your blatant racism.