But yeah that's a second order effect. There aren't really any scenarios where you have a fixed nominal tax that can be deferred without locking up the money, so I think you're mostly right that it comes back to lower tax rate and step-up.

> As we roll out more Generative AI and agents, it should change the way our work is done. We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs. It’s hard to know exactly where this nets out over time, but in the next few years, we expect that this will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company.

But I agree that much of the outrage seems due to a confusion that 80% of the deduction is lost completely (vs deferred).

It is indeed a good app, but my beef is how bad it is at adding birds to your life list. After ID'ing a bird by sound or picture it'll ask you where/when you found it with the worst defaults -- it'll know where you are and what time it is, but it sometimes randomly picks some time/place you've been at months ago (even ignoring that you may have just entered several at your current location)!

I don't understand why this article is #1 currently

Related question: I wonder if identical twins are good at recommending each other music