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I guess the way I see it is this. I imagine most startups don't have much profit, so therefore they won't pay much in taxes. If you are making a lot of profit
by ryguytilidie 14y ago
I guess the way I see it is this. I imagine most startups don't have much profit, so therefore they won't pay much in taxes. If you are making a lot of profit and paying a bit more in taxes, it seems like the system is working. If these people are selling millions of dollars in stock options and complaining about having to pay more taxes on them, I have a hard time having sympathy. I'd love for my biggest problem to be figuring out how much more in taxes I owe on all the millions of dollars I made.
- jacoblyles 14y agoCapital gains taxes are going up by 50% in CA this year. That's a big hit to future angel rounds. I wrote about it here: http://jacobexmachina.blogspot.com/2013/01/the-fiscal-cliff-silicon-valleys.html http://jacobexmachina.blogspot.com/2013/01/the-fiscal-cliff-...