4 ms·
> A pretty ridiculous statement given that a VC pays close to 20% income tax while these well paid engineers are taxed at almost double that %. The VCs carried
by wolfgke 10y ago
> A pretty ridiculous statement given that a VC pays close to 20% income tax while these well paid engineers are taxed at almost double that %. The VCs carried interest tax loophole has gone too far, not market competition for engineering salaries (which was previously priced fixed through non-poaching agreements).
The problem rather is that it is (from bureaucratic-legal-financial overhead) hard for an "ordinary" person to become a VC. That is where you should demand change for more justice.