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by pcthrowaway 1092 days ago
With the U.S. tax changes preventing early stage startups from deducting their employees' salaries from revenue outright, I wonder if we'll start seeing more Canadian-based innovation.

I think historically the thing preventing startups here from taking off was lack of access to capital

1 comments

I’m guessing that change will be eliminated by congress. It’s sort of an unthinkable disaster that will find a compassionate ear on both sides of the House.
It seemed very intentional. Along with the recent monetary policies I would be surprised if this wasn't another hammer they're intentionally swinging to cause recession