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The 0% capital gains tax for startups was actually part of Obama's platform. It was in the standard tax plan / business handouts. So if this makes it through Co
by ekidd 16y ago
The 0% capital gains tax for startups was actually part of Obama's platform. It was in the standard tax plan / business handouts. So if this makes it through Congress, I would expect the White House to welcome it.
At the time, I thought this was a rather nice idea, because a startup involves doing a decade plus worth of work in a few years, which tends to run up the marginal tax rate when you finally cash out.