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When I started my first company I’d never even heard of capital gains taxes Granted, but I guarantee that the limited partners in the VC firms you might consid
by neilc 18y ago
When I started my first company I’d never even heard of capital gains taxes
Granted, but I guarantee that the limited partners in the VC firms you might consider for funding are very familiar with the tax structure in the US. If you raise the taxes on investment income, you effectively reduce the return on venture capital funds, which reduces the amount of money VCs will be able to raise, which reduces the amount of money available to entrepreneurs.