I’d like to see a neo-corporatism emerge, driven by regulatory initiatives that burden old companies and unburden young ones instead of the other way around. Solve for higher rate of new business (not necessarily startup) formation and survival.
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For example, young LLCs without external investors or securitized debt, and excluding certain categories like investing or real estate, should be tax free between years 3-7 of their existence (ahem!) 😇
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Seems like a rule that would be super easy for a large corporation with loads of lawyers to circumvent and create baby cos very few years
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