Re:With corporate tax off table, U.S. Democrats turn to bill...
by nrmitchi on Monday October 25, 2021 @12:31PM
(#28989774)
According to the first paragraph of this article, it targets "the country's roughly 700 billionaires".
It seems pretty safe to say that regular individuals at the vast majority of start-ups would not be affected.
Really I think this question speaks to one of the core problems around taxation discussion of extreme-net-worth individuals; there is a huge difference between winning $20M in the start-up lottery, and being a literal billionaire.
It seems pretty safe to say that regular individuals at the vast majority of start-ups would not be affected.
Really I think this question speaks to one of the core problems around taxation discussion of extreme-net-worth individuals; there is a huge difference between winning $20M in the start-up lottery, and being a literal billionaire.