[FoRK] so is it for real now?

Lucas Gonze lucas.gonze at gmail.com
Mon Oct 13 17:17:50 PDT 2008


> The "loopholes" introduced way back then are a de facto capital gains tax
> break for investments in small-ish businesses in a very generic and unbiased
> way.  Obama has essentially proposed eliminating the current structure and
> instead letting regulators and Congress pick and choose who qualifies for
> tax breaks, a completely unnecessary and incredibly malignant politicization
> of the small business finance process.

What's the difference between old deliberate loopholes and new
incentives, except for transparency?  How were those loopholes
anything but politicization?


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