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> I'm highly skeptical of the claim that such tax would discourage startup founders.

Discourage starting a company at all? Probably not, but the article does not suggest that. Do you think it might influence where they start it? Looks reasonable to me, at least qualitatively.

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>Do you think it might influence where they start it?

This has always been the argument, and I've never bought it.

Now, more than ever, is the time to start a company remotely, thanks to Mr./Mrs. Covid. Have we seen a massive move away from SV and other tech centers? Have we seen a massive wave of startups in 'flyover' country?

I don't think we'd know yet if there were one.

It’s been 6 months and the whole world is mad. Check in 2 years and you’ll probably see a yes to at least the first question.

Covid identifies as asexual.

Yes, but other factors likely influence it more. Are you going to start it in Barcelona or SF, just because of the tax rate? Surely there is something to be said for startup experience, investor networks, founder communities, etc...

When the tax rate is something like _half of your stock_ over 60 years, that starts to be a bit more... impactful.

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