Venture Capital Firms Avoid the (Higher) Tax Man

Published: 6/25/2010 10:28:11 AM

Over the past 12-18 months, Congress has been threatening to increase the taxes on venture capital gains from the capital gains rate to the ordinary tax rate.

Today, Congress gave up on the notion because it could not muster enough support. This is a great development for the venture capital industry, since it won't penalize the industry that creates so many jobs and technological advantages for the United States and burden it with higher taxes.

Sometimes a "do-nothing" Congress is a good thing.


Don Jones



Don Jones
CEO, VentureDeal

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