Jason M. Lemkin weighs whether Trump's policies help VCs and entrepreneurs, focusing on M&A approvals, carried interest, and qualified small business stock. He saw his federal tax liability jump 15% from limits on state tax deductions and doubts Trump will prioritize smooth acquisitions.
Well would Trump be better for VCs for M&A prob every VC wants a figma deal to go through, right? Every. You know the Microsoft Activision deal barely went through right? Other people would have quit and given up. It's hard to imagine that this is a top priority for the Trump administration. Again I try to stay at a pox. Be careful what you ask for. Do we want Will Trump be better for carried interest? Will Trump be better for qualified small business stock? That could be disastrous on many levels. Like I don't know. I don't know. All I know is Trump is not a friend of California because he can't get our votes and so that part worries me. Trump dramatically raised our taxes in California and New York. Everyone talks about how Trump cut taxes. He sure didn't. In California or New York all our taxes went up because we could no longer deduct our state taxes against our federal taxes. My taxes went up whatever, 15% under Trump.
