Wealthy Silicon Valley Investors In Line for $17 Billion Windfall in GOP Tax Bill
Silicon Valley's favorite tax break may be getting an upgrade.
Venture capitalists, along with successful tech founders and early startup employees, already pay no taxes on billions of dollars of gains annually, thanks to a lucrative and complicated provision called Qualified Small Business Stock, or QSBS. Now the carve-out could get even more generous in changes included in Senate Republicans' proposed tax and spending bill moving through Congress.
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