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Angry software devs who likely believe any taxation is unjust. Today a startup can go from 0 to a 5bn IPO in 10 years without ever having made an accounting pro
by gizmo 3y ago
Angry software devs who likely believe any taxation is unjust. Today a startup can go from 0 to a 5bn IPO in 10 years without ever having made an accounting profit, and they get R&D credits they can deduct from payroll taxes along the way.
- imtringued 3y agoYou're going to get more of those startups and less Startups that actually make a profit now. Why? Because a startup burning investor money doesn't have enough revenue to pay taxes in the first place. It is especially bootstrapped and cashflow positive startups that get hit hard and need outside investors to pay their tax debts now.
- jncfhnb 3y agoIf you don’t have meaningful revenue, then you don’t have meaningful taxes.
- deleted 3y ago[deleted]