That particular provision is actually just making permanent a temporary exemptio... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

seats on June 9, 2012 | parent | context | favorite | on: Visas for entrepreneurs

That particular provision is actually just making permanent a temporary exemption that already exists.

The intention is to increase capital available to startups because of the extra tax incentive for investors.

pyoung on June 9, 2012 [–]

I was aware of that. I don't fully agree with the exemption even as a temporary measure, but I do understand that we are desperately trying to revive our economy and can understand the rationale behind it.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact