You only get taxed on the revenue. So no, if you don't have revenue, you're not paying taxes. But all those businesses CAN deduct their expenses, and only pay taxes on profit.
Software is now in the unique position of being required to pay taxes on revenue instead of profit. If you spent $5M on development and raked in $100k, you'll be taxed on $100k (minus expenses, where the $5M must now be spread over 5 years). Of course, with those numbers, the company might want to spread costs over 5 years anyway (which they could already do).
So really, it's as if the tax code is specifically targeting bootstrapped companies that are reinvesting their profits back into the company. IMHO, the worst possible option of any that could have been chosen to milk software companies. Large established companies can afford it, VC companies were going to amortize anyway.
Yeah, you "eventually" can expense your costs. But that just means that it's a tax grab on the smaller companies that will be put out of business by this move. They pay all the tax this year, go out of business, and never get to reap the profit of the development work.
The quality has been outstanding. Every mechanic and car person always comments about my Toyota something along the lines of "oh that's bulletproof/will last forever"
Both of those statements are true. New Toyotas aren't discount, and Toyotas have a reputation of lasting forever.
This is resolved by buying a 20+ year old vehicle. You can get a 1999-2003 Toyota for a few thousand dollars.
30 years ago, I wasn't playing 100-hour games because they were shorter. Final Fantasy IV (or II as we called it back then) was 30-40 hours, and we thought that was huge.
You should probably include Intel in that list, given that they acquired DEC's chip fabs in 1997[1], the lion's share of Alpha IP in 2001[2], and hundreds of Alpha engineers over the next few years[3].
I think a lot of people looked at his last prediction that Tuesday morning, observed that 70 > 30, and assumed that meant it was a lock. And then spent the last six years blaming Silver for their own innumeracy.
I find it fascinating that so many people here jump to the assumption that the average person doesn’t get that giving a 28% chance of victory doesn’t mean they can’t win
Clearly. Its not a difficult concept.
But those same people are wholly unable to see that all the other verbiage and propaganda that was behind/infused with Silver was, in no short terms, a demoralization campaign against the trump voters
And since they can’t see that all they can do is project their ego to say they aren’t wrong, its that the people who don’t agree with them don’t comprehend very basic statistics
It's starting to happen that high-end embedded is running at 28 nm. Mainstream microcontrollers are still at 40-90, but their next revisions may be aimed at 28.
Or, paraphrased: Look what you made me do.