This all seems very easy to deal with. Pay employees cash not equity. Founders can negotiate with investors to take enough cash compensation at each round to cover their tax bill. Investors can use financial instruments to hedge their risk.
That’s an awful idea. Startups need cash that cash, now. Wasting it on tax bills for evaluations that don’t become reality would just make everything worse and reduce runways.
Taxing entrepreneurs will lead to worse outcomes for entrepreneurs. That is obvious. Every tax has a cost. But we need to fund the government and it is not fair for workers to pay for everything while much wealthier investors and entrepreneurs do not.
I don't think you have a grasp on how businesses work or how the markets work.
This line of thinking is so far away from reality that while I believe in your heart you think it's right, it's clearly an emotional action and not one based on factual data.
The market volatility, job volatility, international competitiveness, and impact on innovation and entrepreneurship, that this will cause will be absolutely chaotic.
Assuming it works out exactly as you believe, do you believe this will solve the US's financial issues and burdens? Everything i've read say they expect $300-$500 billion over ten years. Let's just go wild and say we get 1 Trillion a Year, currently the deficit for just 2023 is estimated at 1.5 trillion. Again wouldn't solve this issue, and that's assuming we spent 0 on any more social programs or other welfare programs.
Instead, why not focus on specific tax laws you feel are lax and more importantly hold your representatives accountable for the run-away spending? I assume based on your position you would be encourage to spend more on social programs than we currently do? It's noble.. where's the money coming from though? It's all a bit too communistic to me.
We have seen time and time again that laws passed end up impacting the middle class. Congrats, currency inflation continues to run rampant, your house value is through the roof now.... And because you don't have the capital we're going to seize it for non-payment of unrealized gains.
I have yet to see a well thought out logical response to the impacts this sort of emotional lawmaking will bring.
Can you counter the above genuinely? I truly want to understand.
