Cloud is propped up by the tax laws. Cloud bills can be written off in the month... | Hacker News

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		shrubble 4 months ago \| parent \| context \| favorite \| on: Nvidia pushes further into cloud with GPU marketpl... Cloud is propped up by the tax laws. Cloud bills can be written off in the month in which they are paid; while buying hardware has to be depreciated over years.

sokoloff 4 months ago [–]

Section 179 allows immediate expensing of equipment including computers, but is limited to $1.25M/yr. That’s enough for many small and medium businesses.

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