The author is playing the typical Rich man's game. Oh woe is me, look at these poor people who this tax will destroy!
The fact that so many people here are defending them, is maddening and disheartening. Arguing that anyone with a value of over 50mm can't pay a higher tax rate on those funds is disengenous at best.
I find PG interesting to follow on Twitter in that I don't always agree at first with what he says, but it can lead me to investigate and confirm or adjust my position. But on these topics I often get the vibe that he's leaking personal concerns.
Maybe it's not purely selfish but the idea that he's looking out for his cohorts of young motivated founders, yet even that feels off. I doubt many start a business desperate for tens of millions; I'd guess the primary motivations are control of work schedule and basic FU money.
The author is playing the typical Rich man's game. Oh woe is me, look at these poor people who this tax will destroy!
The fact that so many people here are defending them, is maddening and disheartening. Arguing that anyone with a value of over 50mm can't pay a higher tax rate on those funds is disengenous at best.
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