3 ms·
I'm guessing what they mean by exemption for capital gains is not a broad one, but one geared at promoting more seed and angel funding. It's actually not a ter
by sologoub 15y ago
I'm guessing what they mean by exemption for capital gains is not a broad one, but one geared at promoting more seed and angel funding.
It's actually not a terrible idea - tax the traditional investment vehicles the same way they are today, but provide an incentive to go into much riskier forms of investment that also serve more of a public good. I'm not sure it would really work, but it lowers the returns levels you would need to break even, compared to other investment options.
- anamax 15y ago> but provide an incentive to go into much riskier forms of investment that also serve more of a public good. Special incentives is how GE pays $0. Any proposal that ignores effects like regulatory capture is either deceptive or ignorant.