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> If the goal is not to have people create startups, there you have it. That only makes sense if you think the only reason anyone ever founds a business is to
by lexicality 2y ago
> If the goal is not to have people create startups, there you have it.
That only makes sense if you think the only reason anyone ever founds a business is to sell it to someone else...
- noduerme 2y agoPeople found businesses with the idea of making money. At certain points in the growth of the business, you expect you'll weigh whether it's more interesting to continue your work there or whether you should sell it and start from scratch another business. The question is why a government or a society would wish to suppress people who actively start businesses... not to throw shade on anyone who starts a business because they might want to make money by selling it later
- lexicality 2y agoTaxing the sale as normal income doesn't prevent you from selling it, it simply closes a loophole that would make selling it more enticing than continuing to run it yourself. If anything, it means that startups are more likely to stick around and turn into real businesses rather than being bought by salesforce and disappearing into corporate oblivion