Archive for November 2017

By: Marianne Hudson, ACA Executive Director

The Angel Capital Association joins the National Venture Capital Association, Center for American Entrepreneurship and many others in thanking Congress for dropping a proposed tax on equity compensation of startup employees that would have devastated the way many high growth companies pay their employees.  The proposal was in both House and Senate bills for tax reform.  The experience of watching many organizations form a coalition and explain to House and Senate leaders how the proposal would have damaged an incredibly important part of our economy also showed us how much power we can have in Washington, DC when we work together.

By: Marianne Hudson, ACA Executive Director

On November 2, Congressional Republicans introduced their new tax reform legislation.  It includes many tax cuts and simplifications that are getting considerable media attention.  I am heartened by a focus that is getting much less press – a focus on entrepreneurship and innovation, in recognition of the importance of the formation of new companies on our economic health.  The bill continues some tax policies ACA has fought for and so ACA has provided a message of support for the bill.  Below is a copy of our public statement supporting the bill, H.R. 1.

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