4 ms·
Not no taxes, just something that maintains a good reward/risk balance and an invcentive for people to be founders or early employees of these types of companie
by petercooper 3y ago
Not no taxes, just something that maintains a good reward/risk balance and an invcentive for people to be founders or early employees of these types of companies. The UK used to have so-called Entrepreneur's Relief, for example. Some countries have low capital gains tax regimes. It's not an uncommon thing.
(Sure, a country could gleefully milk everyone to the max, but then they can't complain when they lack for entrepreneurship.)
- arrosenberg 3y agoIt just makes no sense and has never been necessary to incentivize Americans to take business risk. I don't understand why the entrepreneur, who is presumably getting a big exit in this scenario, deserves additional tax relief on top of that windfall. That sounds like another way for the rich to get even richer.