I would say not necessarily cuts, but at least tax reforms to de-risk equity compensation. Canada doesn't have an 83b election equivalent, and it's easy to end

I would say not necessarily cuts, but at least tax reforms to de-risk equity compensation. Canada doesn't have an 83b election equivalent, and it's easy to end up losing a lot of money through taxes on illiquid stock options that end up amounting to more than the stock options are eventually worth. An alternative, for example, would be to allow paying taxes on stock options "in-kind": have the option to give the government a share of the stock options themselves, rather than paying that percentage in dollars on a valuation that you can't actually sell them for.