“I have never heard someone say, ‘I would have started a company, but tax rates were too high.’” https://twitter.com/andymoonsun/status/917451472220114950 …
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Yes but the federal tax burden is even greater. Founders obsess about the tax treatment of their stock, even delaying term sheets to arrange
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but did it stop them from founding a company or not? That's optimizing your tax burden once you've decided to start a company....
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our impediments to greater economic growth are in cost of living.
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It isn’t accidental that all of the modern great companies were founded during the cap gains abatement era.
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