Dan Romero Profile picture
13 Sep, 3 tweets, 1 min read
The proposed tax bill kills QSBS, effective today.

(Subject to change and still needs to pass, of course.)

FWIW, I think this disproportionately hurts early, non-executive employees who were counting on QSBS to a buy first home, etc. (i.e. they were never using the full $10M exemption to begin with).
A more reasonable alternative would be make it effective January 1, 2022 and allow families who were planning to use QSBS to not have to make a rushed decision.

Changing the rules is the prerogative of the current majority, but suddenly ending a nearly 30-year old law is dumb.

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More from @dwr

26 Oct 20
Seems like Austin and Miami are the early winners of the COVID-driven SF emigration.
Utah is 3rd place.

(Original observation was weighted by anecdotal evidence of interesting people with an existing track record, who have access to capital, and still actively looking to tackle hard/ambitious problems and build stuff.)
Jackson is beautiful but land is $$$$ and not enough density.

Hawaii has 11% top marginal rate and time zone makes it hard to manage if you have West and East Coast based people.
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