Re:America's Seed Fund: Up to $1.5M for Zero Equity
by iscrewyou on Sunday April 14, 2019 @08:51PM
(#19662567)
Society will as the resulting company will pay taxes.
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Re:America's Seed Fund: Up to $1.5M for Zero Equity
by Retric on Monday April 15, 2019 @01:42AM
(#19663327)
These companies are still benefiting from the same government services which is what the normal corporate taxes are paying for. Saying the taxes paying for those services are also somehow pay back this free loan is very much double dipping.
On top of that, this is early stage funding and most of these companies will fail paying back little to nothing.
PS: Corporate taxes are down to 9% of the federal budget. They really don’t pay much in the way of taxes vs the services they benifit from.
Re:America's Seed Fund: Up to $1.5M for Zero Equity
by peterwwillis on Monday April 15, 2019 @02:20PM
(#19667503)
...in theory. In reality, corporations use loopholes to defer taxes as much as possible while taking more state and federal subsidies.