Re:Obama: $15B for Small Businesses
by gnaritas on Tuesday March 17, 2009 @03:17AM
(#519561)
The country is bigger than the valley and tech isn't the only industry. Tech startups also don't make up the vast majority of small businesses in America.
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True enough, but I'd strongly prefer a more general policy (such as a payroll tax holiday) that would benefit all businesses.
Anyone under 40 should feel quite foolish paying payroll taxes anyway, considering that social security will self-destruct long before we get any benefits.
So in addition to paying payroll taxes, tech startups are helping to subsidize loans for startups in other industries!