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Cake day: July 4th, 2023

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  • I (distantly) knew someone who was cutting grass on an incline adjacent to a pond. The lawnmower flipped, and it pinned him in the pond. He drowned in a foot of water and was sober.

    People misjudge things all the time. I would guess it was a combination of distraction and/or non-ideal terrain (slope, dropoff, or combination).








  • Bestaa@lemmy.worldtoEconomics@lemmy.worldR&D spending
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    10 months ago

    You’re not wrong, but R+D is mostly another operating expense which lowers net income. Net income is what’s taxed. Companies could spend this money on building another office or salaries for sales staff instead which would both lower net income.

    Some jurisdictions may have special tax considerations for narrowly defined R+D work, but it’s mostly companies spending money to try and make more money. Sometimes that pans out and other times it doesn’t.