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by foobarbazetc
1163 days ago
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No, you never “catch up” unless you fire every software engineer (so income and trailing five years of amortization cancel out). Year 5 is just a steady state of no more phantom profit taxes, but you never really get that extra tax you paid back if you want to keep operating at the same level or grow. |
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So Musk was following a playbook after all...