A thorough explainer of the likely effects of the Section 174 fiasco which may have fueled tech layoffs to fund billionaire tax breaks. It was never strogly enforced and has now been largely repealed. qz.com/tech-layoffs...

qz.com/tech-layoffs-t...
The hidden time bomb in the tax code that's fueling mass tech layoffs

A decades-old tax rule helped build America's tech economy. A quiet change under Trump helped dismantle it

Quartz