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Re:How to have a billion dollar exit with zero capital gains... by mcv on Tuesday May 10, 2022 @04:16AM (#31324740)
Still, if the tax loophole exists, it's hardly surprising that people use it. People should pay their taxes, but the government should also close these tax loopholes, or at least be a lot more strict about how they're used; I can imagine these opportunity zones exist to make it more attractive to set up shops and small businesses here in order to develop the area. It's not meant for app startups with billion dollar exits, so the rules should exclude those.
Re:How to have a billion dollar exit with zero capital gains... by lukas099 on Tuesday May 10, 2022 @06:07AM (#31325323)
> It's not meant for app startups with billion dollar exits, so the rules should exclude those.

Adding more rules is generally favorable to the rich. The real solution is removing special-interest tax benefits like this in the first place.