2:20pm PDT - June 1st, 2021
New research incentive? Not. The Green Book repeals FDII. That raises about $124 billion. That money is reserved for yet-to-be-determined research incentives. Repealing the scheduled amortization of research would--by chance--cost $118 billion (based in TCJA estimates).
4 retweets 1 likes - Martin Sullivan (@M_SullivanTax)