yepyepyep12
Re:The QSBS Tax Exemption: A Valuable Benefit for Startup Founders and...
on Friday August 27, 2021 @01:48AM (#28324681)
Many people here are grabbing their pitchforks about QSBS and how it makes the rich richer. QSBS has a maximum per year rule of $10M. That means you save 20% (Federal LTCG rate) on $10M/year --> $2M.
That is not "making the rich richer", the person has to buy in a company worth less than $50M in value and hold it for 5+ years. This is a pretty rare case and helps people get into the single digit millions, not billions...