Vinod Khosla thinks future presidential candidates should run on removing income tax for those making less than $100,000 [Yahoo! Finance]
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Source: Yahoo! Finance
At least that's what renowned venture capitalist Vinod Khosla thinks. The man behind Sun Microsystems and Khosla Ventures believes the easiest way to change tax policy more equitably is to bring politics into it—at the national level. “The next presidential campaign, I hope, gets behind: Nobody pays income tax below $100,000 a year starting 2030,” Khosla told Fortune Editor-in-Chief Alyson Shontell on the most recent episode of the Titans and Disruptors of Industry podcast. “I think policy, which will be driven by politics, will drive where we end up on this equation.” It's interesting to note that Khosla's solution to make up for that lost revenue would affect the founder himself. Khosla, a famed Silicon Valley investor who was OpenAI's first institutional backer, believes the best way to remove taxes at the lower end of the spectrum is to increase it at the other end—by taxing capital gains at the same tax brackets that apply to ordinary income. “Fundamentally, we ought to elim
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- Vinod Khosla says he thinks today's 5-year-olds probably won't need a job [Business Insider]Business Insider
- Vinod Khosla thinks future presidential candidates should run on removing income tax for those making less than $100,000 [Fortune]Fortune
- Oracle Corporation (ORCL) Expands Partnerships and Enterprise Cloud Presence [Yahoo! Finance]Yahoo! Finance
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