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The effects on government revenue seem more complex than that. For example, if a customer of a startup spends $8 instead of $12 thanks to VC subsidization, thos
by icebraining 8y ago
The effects on government revenue seem more complex than that. For example, if a customer of a startup spends $8 instead of $12 thanks to VC subsidization, those $4 remaining in their pocket will be spent somewhere else, and the IRS will get to tax that expense too.