> if I earn $100/year, and I can deduct $50 of that, my tax bill is not $50. It ...

		koolba 6 days ago \| parent \| context \| favorite \| on: Tell HN: Help restore the tax deduction for softwa... > if I earn $100/year, and I can deduct $50 of that, my tax bill is not $50. It is some percentage of $50, usually a low number for businesses. (Amazon regularly pays $0/year in taxes.) It’s not that low. Federal corporate tax rate is 21%. So you would be on the hook for $10 in taxes.