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by xhkkffbf
2 hours ago
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People who want to use the current system to innovate and create jobs. The current system of venture capital often produces these situations when people have a huge amount paper "wealth". But this wealth is all pretty hypothetical. It's not like some of the "billionaires" can buy 1 billion things from the McDonald's Dollar Menu. It's all tied up in stock that can't be sold for a variety of reasons. Moreover, it's quite likely that the "billionaire" will end up with far less than $1b when he/she retires, even if everything is wildly successful. Yet that big number encourages greedheads to try to tax something that doesn't really exist. |
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