News for hackers. Stuff that matters.
Re:Senator Baucus Speaks in Favor of 0% Capital Gains Tax Ra... by ekidd on Wednesday July 28, 2010 @05:59PM (#1555816)
The 0% capital gains tax for startups was actually part of Obama's platform. It was in the standard tax plan / business handouts. So if this makes it through Congress, I would expect the White House to welcome it.

At the time, I thought this was a rather nice idea, because a startup involves doing a decade plus worth of work in a few years, which tends to run up the marginal tax rate when you finally cash out.

There are no comments on this comment yet.