Bezos can keep his job & still find himself newly beholden to more conservative interests with less personal skin in the game. I think this matters — where would SpaceX be? If you're not taking the tax until a sale, it's just a worse capital gains tax that disincentivizes risk.
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Is a tax that only kicks in above $50m a meaningful disincentive for "would-be entrepreneurs"?
The ones actually likely to start businesses worth >$50M? Yeah. The median early-stage valuation is $30M. If you're coming to the US to access capital in any serious way, that kind of number is not crazy high.
