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jester121
Premium
join:2003-08-09
Lake Zurich, IL

Natch

Genachowski, who has had a bit of a nasty habit of being immensely and sometimes painfully vague
Isn't that a prerequisite for being part of the Obama administration?

So all these wonder innovations that are going to come provided we all have 100 megabit service -- what's the incentive for companies to develop them, given the proposed punitive tax policies and "soak the rich" mentality? Why would the much-maligned venture capitalists bother investing in American innovation if they're going to be taxed into oblivion and regulated to the point of instanity?


tschmidt
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join:2000-11-12
Milford, NH
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said by jester121:

Why would the much-maligned venture capitalists bother investing in American innovation if they're going to be taxed into oblivion and regulated to the point of instanity?
1) Because they are not being taxed to oblivion. Look at historical tax rates vs economic growth.

2) If they are successful they will be much richer then if they had done nothing.

/tom


jester121
Premium
join:2003-08-09
Lake Zurich, IL

said by tschmidt:

1) Because they are not being taxed to oblivion. Look at historical tax rates vs economic growth.
going to be.
2) If they are successful they will be much richer then if they had done nothing.
No, the smart alternative is to invest in other markets with lower taxes on profits, all other things remaining equal.

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