[dilipdasilva]

The bigger problem with taxes is that companies are not paying their fair share of taxes in the countries where they generate revenue and profits.

Also, this kind of progressive tax reduction should only apply after the company is public. So the clock for VCs, founders, etc only starts at the time of the IPO.

This would ensure all the early stakeholders are also aligned in investing in the long-term success of the business.

Currently, these early stakeholders are more likely to be focused on cashing out and having a liquidity event.