alt Hacker NewsThe R&D tax credit change actually took effect in 2022, and one of the few good things Trump's BBB did was reverse it
Replies
green7ea • today at 4:30 AM
It only reversed it for within the US, I learned that when the company I worked for (owner was a US company) closed.
This is true as stated. However, it is important context that the time bomb was originally introduced in Trump's signature Tax Cuts and Jobs Act in his first term. So, yes, Trump's OBBBA fixed it, but Trump's TCJA caused it in the first place, too.