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Claim Text
One change was eliminating a 20-year limit on the use of tax-loss carryforwards, meaning that losses generated after 2017 no longer expired.
Simplified Text
2017 tax cuts eliminated 20-year limit on tax-loss carryforwards
Confidence Score
1.000
Claim Maker
The author
Context Type
News Article
Context Details
{
    "law": "2017 Tax Cuts",
    "year": "2017"
}
UUID
9fdb5787-6ab6-4b22-a725-74146a681dbf
Vector Index
✗ No vector
Created
September 12, 2025 at 2:29 AM (2 days ago)
Last Updated
September 12, 2025 at 2:29 AM (2 days ago)

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Screenshot of https://www.nytimes.com/2025/08/15/technology/spacex-musk-government-contracts-taxes.html?campaign_id=9&emc=edit_nn_20250815&instance_id=160603&nl=the-morning&regi_id=122976029&segment_id=203954&user_id=b25c5730c89e0c73f75709d8f1254337
https://www.nytimes.com/2025/08/15/technology/spacex-musk-government-contracts-taxes.html?campaign_id=9&emc=edit_nn_20250815&instance_id=160603&nl=the-morning&regi_id=122976029&segment_id=203954&user_id=b25c5730c89e0c73f75709d8f1254337

SpaceX, Elon Musk's company, has likely paid little to no federal income taxes since 2002, utilizing tax benefits and past losses. The company's heavy reliance on government contracts is highlighted.

SpaceX
Elon Musk
Taxes
Government Contracts
Corporate Finance
Tax Law

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