Silicon Valley stirs over proposal to end popular QSBS tax break

Re:Silicon Valley stirs over proposal to end popular QSBS ta... by mbesto on Tuesday September 14, 2021 @08:18PM (#28533397)

> Why does the government get to take money from me, risk free, when I'm the one taking the risks and starting a company which, if successful and grows, will employ many people?

Why do you get to use the internet my tax dollars paid for? That same internet that your startup so heavily requires to function, heck, even exist?

[ Parent | on HN ]

Re:Silicon Valley stirs over proposal to end popular QSBS ta... by grapist420 on Wednesday September 15, 2021 @04:29AM (#28536660)

okay but the adage of “VC profit is mostly the huge winners”, so your marginal benefit goes down only at the highest valuation companies, and does that really harm much?

There’s a great argument that yes, I’d rather have Elon be able to pump billions into spaceX or bezos billions into his ventures than have poor people spend them, but incentives? No clue, genuinely

[ Parent | on HN ]