Senate chooses Wall Street over consumers, seniors, and service members – “senators decided that consumers should lose the right to hold massive financial institutions like Wells Fargo and Equifax accountable.”

submitted by /u/mvea [link] [comments] Technology

The proposed Senate tax plan won’t impede incumbent companies but would severely handicap startups moving forward, could explain lack of pushback from big firms (Ben Thompson/Stratechery)

Ben Thompson / Stratechery: The proposed Senate tax plan won’t impede incumbent companies but would severely handicap startups moving forward, could explain lack of pushback

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Current draft of Senate Tax Reform Bill would tax stock options and RSUs upon vesting, which would have a devastating effect on equity compensation in startups (Fred Wilson/AVC)

Fred Wilson / AVC: Current draft of Senate Tax Reform Bill would tax stock options and RSUs upon vesting, which would have a devastating effect

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