JoB
Carson..
i can see why guys like pmichael would choose a tax structure that would let them average the income from windfalls.
and it is a point well worth mentioning…
but in the larger scheme of things… if we are talking losing jobs… not so relevant.
pmichael mentioned himself and a partner…
and possibly one employee and one contract person.
that’s pretty much the norm for start ups.. actual employees are few and far between when those dice are rolling… and most of them work for minimum wages and the hope of a piece of that windfall.
i sincerely hope he enjoys Austin.
I disagree that this tax will be a large enough barrier to prevent smart investors from choosing Seattle metro as a start-up environment…
our particular pool of expertise, innovation and experience is not easy to match…
and you need a fairly large pool to attract like minds who are willing to invest huge amounts of time and effort on the iffy promise of a big payout.
if you need risk loving geeks to invest in you..
you have to go where the geeks are…
if what i see on the street is any indication.. these days we may out geek the silcon valley :)