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Helping Startups Cross the 'Valley of Death'

A proposed permanent exemption to capital gains taxes on investments in startups could help new high-growth firms thrive and create jobs. According to a new report from the Kauffman Foundation, an exemption on investments in startups held for at least five years could spur $750 million in additional seed investment and help them survive the ‘Valley of Death’—moving from concept to prototype.

[More]
Mark Marich
on February 13, 2012
Category:  Capitol Hill  Tax Code 
SBA's Mills Elevated to Cabinet-level in Proposed Reorganization

SBA Administrator Karen Mills has been tapped by President Obama to join his Cabinet as part of a larger plan to consolidate the Small Business Administration and several other federal agencies with overlapping responsibilities. The move for Mills is effective immediately, but the reorganization plan requires the backing of Congress.

[More]
Mark Marich
on January 16, 2012
Category:  Capitol Hill 
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