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I suspect capital gains cuts did help. Founders are influenced by colleagues who've done startups, and what they see is the after-tax returns. And certainly b
by ksvs 18y ago
I suspect capital gains cuts did help. Founders are influenced by colleagues who've done startups, and what they see is the after-tax returns. And certainly big investors are influenced by tax rates on each class of investment.
- fallentimes 18y agoThis is anecdotal, but I've never heard someone say they would or wouldn't start a company because of the after-tax returns. Cuban talks about this point here: http://blogmaverick.com/2008/10/23/the-cure-to-our-economic-problems/ http://blogmaverick.com/2008/10/23/the-cure-to-our-economic-...
- ksvs 18y agoOf course not. After-tax returns influence them indirectly. Fellow grad student goes to work for a startup, ends up with a house vs merely a nice car.
- fallentimes 18y agoOh I guess I was thinking of the founders, not the employees.