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@karlauerbach@sfba.social
2025-07-16 19:24:27

Oh my. FFOTUS' "Highway to US Bankruptcy Bill" has even more hidden gifts to the uber-wealthy:
I've done several start ups and have had founders shares. I have had gains of 6000000%
This bill would have eliminated my Federal income tax (actually "Alternative Minimum Tax") on those gains.
Now-a-days, it is often the case that only a very few founders (and investors) get true shares. Many employees get "stock equivalents". I would sus…