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Technology Stocks : Intel Corporation (INTC)
INTC 43.48+8.6%Dec 2 3:59 PM EST

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To: Amy J who wrote (133178)4/23/2001 1:30:11 PM
From: Joe NYC   of 186894
 
Amy J,

Why not do something creative and innovative, like establishing tax incentives for startups and VCs to generate economic growth, rather than paving the same road over again?

The problem with tax incentives is that if you give incentive to one industry, it's equal to creating a disincentive to another. What the government should do is be neutral, and create a friendly environment to all businesses.

For example, one company that I have a particularly keen interest in faced a competition from a dot.com start up, that was fueled by the VC money, was competing for employees with our company, paid unrealistic wages, set very unrealistic expectations in the market place, and subsequently it crashed and burned.

What is it about this new start-up and their VCs that needs subsidy to be paid by our company?

Joe
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