Calling Washington State entrepreneurs!
This weekend the Seattle Times ran my op-ed on the coming tax reform debate, which I believe will be the biggest that we’ve faced in decades. I highlight how several forward-thinking entrepreneurs from Washington state joined with others to help shape and promote pro-growth tax policy that flourished three decades ago. Hopefully they will take up the mantle again and history will repeat itself.
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"...to marshal more venture capital for more new industries -- the kind of efforts that begin with a couple of partners setting out to create and develop a new product -- we intend to lower the maximum capital gains tax rate."
"The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced in new ventures in obtaining capital, and thereby the strength and potential for growth of the economy."