3 ms·
So why does this only run for a few months - until the end of the year? If you want to encourage investment in startups doesn't this have to be permanent - not
by oiuytgfrtgyhuji 16y ago
So why does this only run for a few months - until the end of the year?
If you want to encourage investment in startups doesn't this have to be permanent - not just a hand out for deals that are already in progress.
(assuming it's not just a technical point that it needs a special bill for the current year and then becomes permanent as part of some other legislation)
- jpwagner 16y agoI don't have data to back this up, but I imagine sales increase more when a product is "on sale at a low low price" rather than the market price actually falling to that low low price.
- yock 16y agoYou timebox something to encourage immediate action. Making it permanent or even long term may encourage investors to wait for the market to improve before acting, which isn't ideal for a bill aimed at improving the market.
- oiuytgfrtgyhuji 16y agoThese deals take months to put together though - this is only sweetening deals that would go ahead anyway, or giving a quick tax loophole to anybody that can put together a fake deal quickly. It's like trying to boost car workers jobs by saying any new car bought today only is tax free - that doesn't exactly motivate makers to open new plants.