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This won't be a popular option, but why not just pay the tax? Why try to invest or involve yourself in some complicated scheme just to save the 15%. If the sa
by maukdaddy 15y ago
This won't be a popular option, but why not just pay the tax? Why try to invest or involve yourself in some complicated scheme just to save the 15%. If the sale is enough money to be somewhat comfortable, pay the tax and be appreciative of the folks who paid tax before you did - enabling you the opportunities to easily create and sell businesses.
- exitingfounder 15y agoI think I explained the answer to your question in the original post. The government has decided that in this case the money would be better spent creating jobs than going in to general funds. I agree. I'm looking for a mechanism for doing that which accomplishes the stated goal with less risk than a traditional startup. Win (for me), win (for the government), win (for society).