Seattle Startup Leaders Oppose Washington's SB 6229, HB 2292 Expanding Capital Gains Tax on Small Business Stock

Seattle startup leaders, including Clearly AI CEO Emily Choi-Greene, oppose Washington State's proposed bills SB 6229 and HB 2292 that would expand the capital gains tax to include profits from qualified small business stock, threatening the viability of startups by taxing founders, early employees, and investors on significant gains. Critics warn this could drive founders and investors to build companies outside Washington, undermining the local tech ecosystem.

More: GeekWire

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