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lhfang's profile
Lee Fang
Lee Fang
Lee Fang
Verified account
@lhfang

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Lee FangVerified account

@lhfang

Investigative Journalist. @theintercept email lee.fang@theintercept.com Views here are my own. Send tips to me directly by email or Signal at (202) 394-9170

San Francisco
firstlook.org/theintercept/s…
Joined August 2007

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    1. Lee Fang‏Verified account @lhfang 21 Dec 2020

      If you own a racehorse, the coronavirus stimulus legislation has a tax break for youpic.twitter.com/WauMijyfzP

      360 replies 3,365 retweets 13,790 likes
      Show this thread
    2. Lee Fang‏Verified account @lhfang 21 Dec 2020

      The so-called 'three martini lunch' tax deduction, used by business to deduct food and beverage expenses, is in there.pic.twitter.com/lOFLc6iYv8

      35 replies 368 retweets 1,303 likes
      Show this thread
      Lee Fang‏Verified account @lhfang 21 Dec 2020

      The PPP bailout money for small business originally covered payroll and rent -- the new stimulus legislation now says PPP can cover "cloud computing" services, which potentially means the gov is now picking up the tab for automation.pic.twitter.com/nfvJCfRt6K

      11:54 AM - 21 Dec 2020
      • 275 Retweets
      • 954 Likes
      • gonewest05 Leah Fiasco Linguini ☭ 🇵🇸 🌻 Devan Black Peter Sam Thornsen Aaron Erickson 𝕷𝖎𝖇𝖊𝖗𝖙𝖆𝖗𝖎𝖆𝖓 𝕷𝖆𝖙𝖎𝖓𝖆𝕸𝖚𝖒 👌🏽 Susan Hatch
      19 replies 275 retweets 954 likes
        1. Lee Fang‏Verified account @lhfang 21 Dec 2020

          If you own a multifamily rental property, ie an apartment building, the coronavirus stimulus legislation has a retroactive tax break for youpic.twitter.com/ATllvyM2cU

          22 replies 178 retweets 611 likes
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        1. Buffy's Blog‏ @BuffyBlogs 21 Dec 2020
          Replying to @lhfang

          This is just formalizing what a lot of people under the "no-audit limit" were doing anyway. In tech it's hard to keep people employed if you've shut down the servers they need to do their jobs on.... #PostingForAFriend

          0 replies 1 retweet 4 likes
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        1. Charlie Ralph‏ @ECCharlie 21 Dec 2020
          Replying to @lhfang

          @Cernovich this section makes me mad

          0 replies 0 retweets 0 likes
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        1. SunDuBious‏ @sonnysmooth 21 Dec 2020
          Replying to @lhfang

          Yeah... we're all working at home not in the office. Stupid to think PPP will cover rent for an office which is empty. Cloud computing expenses by far is more prevalent for today's workplace!

          0 replies 0 retweets 7 likes
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        1. lnOrOut‏ @Undetermined_US 21 Dec 2020
          Replying to @lhfang

          Cloud computing is nothing new. It's dominant in businesses of any size.

          0 replies 1 retweet 1 like
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        2. Silversalty‏ @Silversalty 21 Dec 2020
          Replying to @lhfang

          And what sort of corps provide cloud computing services? Small businesses like Amazon and Microsoft?

          2 replies 0 retweets 2 likes
        3.  🌄 🌆 🌇 🌅‏ @PacificChorus 21 Dec 2020
          Replying to @Silversalty @lhfang

          small businesses often use cloud computing. The bills can be quite expensive.

          1 reply 0 retweets 3 likes
        4. Show replies
        1. .‏ @AlexisMoreCaste 21 Dec 2020
          Replying to @lhfang

          The three martini 🍸 lunch came with a racehorse 🐎 😂 . It just keeps getting better .

          0 replies 1 retweet 2 likes
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