Re:How to have a billion dollar exit with zero capital gains...
by IanCal on Tuesday May 10, 2022 @06:24PM
(#31333462)
> So they didn't "just place people in some co-working spaces"
It's quite literally what the article explains.
> they did work as employees and got paid, which brings in economic activity to a depressed region.
The regions are tiny, walkable across in the article. They're not bringing in workers to live, build a family and spend within a large metro area - they're "a space nearby a university". The economic activity brought in is a small number of employees buying some coffee, maybe lunch and then going home.
> Seems to be exactly what the tax break is intending.
You think that spend in co-working spaces is what the government wants to give up hundreds of millions of dollars for?
It's quite literally what the article explains.
> they did work as employees and got paid, which brings in economic activity to a depressed region.
The regions are tiny, walkable across in the article. They're not bringing in workers to live, build a family and spend within a large metro area - they're "a space nearby a university". The economic activity brought in is a small number of employees buying some coffee, maybe lunch and then going home.
> Seems to be exactly what the tax break is intending.
You think that spend in co-working spaces is what the government wants to give up hundreds of millions of dollars for?