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Or being self-employed and you get no-match and have to pay the other 1/2 of social security taxes. We should be supporting business, entrepreneurship, and inno
by nodesocket 6y ago
Or being self-employed and you get no-match and have to pay the other 1/2 of social security taxes. We should be supporting business, entrepreneurship, and innovation. I suggest we eliminate capital gains taxes for those making under $500k a year. That will incentivize people to invest even more into capital growth engines like (stocks, bonds, real-estate, business, crypto).
- toomuchtodo 6y ago"Section 1202 of the IRC is commonly referred to as the QSBS exemption. If you are a founder, angel investor, or an employee of a successful early stage company, you need to be aware of certain qualifications that could help you protect up to $10 million (or 10 times your cost basis, whichever is greater) from federal taxes. " https://www.svb.com/blogs/svb-private-bank/understanding-qualified-small-business-stock-the-capital-gains-exemption https://www.svb.com/blogs/svb-private-bank/understanding-qua...