Roundup: The VC tax, Skype’s paid calls, Emotiv’s brain joystick
Here’s the latest action:
VCs may be vulnerable to new tax idea — Federal lawmakers are mulling a rule that would make venture capitalists pay much more in taxes. So far, venture capitalists’ profits have been classified as capital gains– and thus subject to the capital gains tax of 15 percent. However, under the proposal being mulled by Charles Grassley of Iowa, the ranking Republican on the Senate Finance Committee, those profits would be classified as ordinary… Continue Reading