4 ms·
OK, I think full taxable income is a nice suggestion. But it will require legislation, i.e. probably will never happen. Moreover, the point of the article is t
by dunpeal 8y ago
OK, I think full taxable income is a nice suggestion. But it will require legislation, i.e. probably will never happen.
Moreover, the point of the article is that NCAs are a long-term drag on the economy. If the main reason there's SV in California and not near Boston, is the lack of NCAs, then that seems like a huge cost and a drag on the economy as a whole.
- ryandrake 8y agoIt’s not a huge cost because if “full taxable income” became law, every non compete would instantly disappear overnight.
- anticensor 8y agoNo, they (the parliament) would make noncompetes mandatory like they made arbiters mandatory (as in, courts will statutorily turn you down if you skip the arbiter; this is way worse than, for example, alienable right to sue in the US, as you cannot contractually leave this out) in Turkey (OK, not in all cases; but employment, insolvency and customer issues are not small problems). Expect way worse in liberal jurisdictions such as US. And no one would object even if it were obviously unconstitutional (right to sue is inalienable here).