one idea i have heard obama allude to several times has been reduced or no cap gains taxes on startup investors. i have never been able to find any further details but thought i’d blog with my own thoughts.
first, i will acknowledge that as a lifelong entrepreneur and angel investor i am obviously biased.
however, i believe it would be a brilliant political move for both parties to offer this. given the liklihood that both parties will raise cap gains taxes and others to cover huge deficits from war and recession, a targeted reduction might sell well.
reasons — this is the american dream. the majority of new job creation has been small businesses and startups that grow big.