Tucked into the huge set of tax cuts that Republicans passed into law this month was the expansion of an unusually valuable tax break for start-up investors.
Congress has expanded a tax break, known as the qualified small business stock exclusion, that allows investors and founders to skip out on paying taxes when they cash out their shares in start-ups.
The president’s marquee policy legislation is best known for slashing taxes and cutting social safety net programs. But the sweeping measure also included many little-noticed goodies and add-ons.
A fishing boat in Metlakatla, Alaska. Senator Lisa Murkowski of Alaska may have come away with the biggest pot of benefits narrowly targeted to her state.
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