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Encouraging startups is a good direction to look for improving society; it plays to our strengths and encourages value creation. Unlike the current administrati
by ericb 18y ago
Encouraging startups is a good direction to look for improving society; it plays to our strengths and encourages value creation. Unlike the current administration, I think Obama's administration would take an open mind about how best to aid startups.
I'd be most interested in a low-doc corporation. For example, don't make me pay estimated taxes, payroll, etc, except once a year. Give me a simplified tax setup that's brainless. Don't make me file a pointless annual report to please the gov't.
- mrkurt 18y agoYes plz!
- drewcrawford 18y agoI'd be interested in a complete overhaul of the tax system. Unfortunately, real tax reform would require A) all of the lawyers and accountants to learn a new system B) If the system is simpler, lawyers and accountants will become less valuable, because people can figure out tax law themselves I don't think we're very likely to see real tax reform in the US unless something truly and obviously catastrophic happens, because there will be a significant and powerful group of people opposing it.