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That particular provision is actually just making permanent a temporary exemption that already exists. The intention is to increase capital available to startu
by seats 14y ago
That particular provision is actually just making permanent a temporary exemption that already exists.
The intention is to increase capital available to startups because of the extra tax incentive for investors.
- pyoung 14y agoI was aware of that. I don't fully agree with the exemption even as a temporary measure, but I do understand that we are desperately trying to revive our economy and can understand the rationale behind it.