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Seems fair enough to me. Entrepreneurs and VCs are major wealth creators. It doesn't make too much sense to stifle nascent wealth with blanket taxation rules.
by jsmcgd 18y ago
Seems fair enough to me. Entrepreneurs and VCs are major wealth creators. It doesn't make too much sense to stifle nascent wealth with blanket taxation rules.
- hugh 18y agoExcept that all taxpayers are wealth creators, and this would just mean screwing the rest of 'em to benefit a small bunch.
- andreyf 18y agoExcept that all taxpayers are wealth creators Not as much as entrepreneurs who deal directly with customers - customers are less forgiving than bosses or PhD advisors. A boss may let you get away with not being productive if you're a nice enough person and trying hard to do your job, but customers want a product for their money.
- kingkongrevenge 18y agoRight, because a corporation that builds a new shipping terminal or rail line does nothing for society.
- joeter 18y agoWell, entrepreneurs are creating additional job opportunities for the economy at large. So if the tax cut creates a more favorable environment for entrepreneurship, there will be more entrepreneurs, and then more jobs should be available. Doesn't seem like the tax payers (who I assume you mean those whose majority of earnings are taxed under income tax rates) are really loosing out when they have more opportunity and a wider job selection.