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Bubbadoo99

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Bubbadoo99
·3 anni fa·discuss
For most small and medium businesses (certainly not FANG), you wouldn't amortize the cost of said server but would take it as a Section 179 expense. This would allow the business to expense the full-cost of the server in the year it's placed into service. Section 174 just further commoditizes the software development skill. Question is: can software dev labor costs be expensed via the Section 179 rule, up to the limit (somewhere north of $1.1MM).
Bubbadoo99
·3 anni fa·discuss
I think 'cutting the cord', ie., streaming content instead of paying for cable, was supposed to be the driver behind much lower monthly fees. But even 5 years ago, when I added up monthly fees for each streaming service needed to replicate what I had on cable, it was still ridiculously expensive. And it's even worse today with much higher fees. To your point about paywalled websites, the internet isn't the tool it was 20 or even 30 years ago. As others have pointed out, it's the shittification of the web. 20 years ago, I really looked forward to watching HBO on Sunday nights. These days, it's hard to get excited about any content.
Bubbadoo99
·3 anni fa·discuss
Unfortunately, this more the rule than the exception. Same thing happened on Long Island, NY with Lilco's Shoreham reactor that took years to build (construction was riddled with all sorts of problems, theft, etc.)and when finally finished, people realized if something went wrong, the narrow, 128 mile island would be impossible to evacuate. After completion, it was never put online and despite the mass incompetence, no one was fired. In fact, management bonuses were as big as ever. Rate payers on LI are still paying for this debacle 40 years later thanks to then Gov. Mario Cuomo. LI utilities, like many utilities, are so poorly managed.
Bubbadoo99
·3 anni fa·discuss
If I had a dollar for every time someone comes out with dire predictions for startups or the greater economy, I'd be proverbally rich. 1987, 1989, 1993, 1998, 2001, 2007, 2012... 202x... All years during which a 'correction' occurred. In 2001, the intertubes imploded during the internet crash. But it was anything but fatal, despite two of every three startups failing.

When GDP is so high, it creates a momentum that does help every sector. One thing that would help would be an administration that is pro-business and doesn't pick winners and losers. Maybe leadership that has an idea of what economic theory means.