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#1 | |
Senior Member
Join Date: Jun 2016
Location: Tuftonboro and Sudbury, MA
Posts: 2,458
Thanks: 1,345
Thanked 1,047 Times in 651 Posts
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Starting again from your post--I've spent over 20 years in venture capital, both as an investor and an entrepreneur putting in every spare penny of cash flow. From an venture investor perspective, this tax bill is friendly in that in maintains the carried interest loophole that so many in both parties dislike as unfair, and it opens up a new pass-through entity tax break. Yea! We'll be even richer! But for an entrepreneur at a venture-backed company, there is very little here to like. They could have benefitted from accelerated depreciation on capital expenditures, or a tax credit for new job creation, just for example. And as someone who's been on both sides on the investor-entrepreneur table, it makes me laugh to think that tax breaks for the VCs will make entrepreneurs lives easier. Garcia has it right on the destination for the tax savings. |
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#2 | |
Senior Member
Join Date: Apr 2004
Location: Kuna ID
Posts: 2,755
Thanks: 246
Thanked 1,942 Times in 802 Posts
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We could probably argue the merits of various aspects of this till we crash the web master's server for chewing up to much space! However I think this illustrates one thing, and I nod my head to you and others who have made your points eloquently and in a reasonable manner, opinions vary! It's nice to have a rational discussion about them from varying points of view in a civilized manner. To bad the fruitcakes in DC can't do the same, and that I think it something we all can agree on!!! |
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#3 | |
Senior Member
Join Date: Jun 2016
Location: Tuftonboro and Sudbury, MA
Posts: 2,458
Thanks: 1,345
Thanked 1,047 Times in 651 Posts
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