It's specifically targeted at 'Software Development', so they wouldn't be captured under this new tax law. My take is that the country might be serious about pivoting to bring back manufacturing, so I think that type of business will get various incentives or fewer disincentives at least for the foreseeable future.

davidw

tech

The Law That Will Ruin The U.S. Tech Software Industry 🇺🇸

I know little about this, was just wondering how this works currently in other industries. Say, if I was running a company that was a physical hardware version of what this software company provides, i.e, I employed five hardware and electrical engineers who perform maintenance and installations of electrical hardware, would I still be subject to the same amendment?

Sounds very undemocratic.