There is bipartisan support to repeal the change. Meanwhile, further changes to the tax code are being prepared by the administration, very probably containing further such time-delayed footguns that will be the problem of the next administration to clean up, making them look like they raise taxes.
Nope, payroll is a significant part of the expenses even of FAANGs. Or at least of the entities that employ people in the US. And they very much benefit from the startup ecosystem as they can just cherry-pick among them, buy up prospective disruptors and new technologies, and disassemble them for spare parts.
