Tell HN: HR 3590 (Healthcare) Passed the House
5 comments
Some discussion of the impact on startups in the thread at http://news.ycombinator.com/item?id=1208019
While it didn't discuss all of these, it seems to me that the things that will directly impact startuppers:
Pros
- Community rating, etc will make it easier for people with pre-existing conditions to get coverage. For people who have pre-existing conditions and want to do startups, it makes it possible.
- Might also make it easier for bootstrappers to get coverage.
Cons:
- The new taxes are concentrated on capital gains, so will tax startups and angel investors most of all. [This bill proposes a 3.8% increase on cap gains. The administration is also planning to change the regular cap gains from 15 to 20%, so if everything passes the rate will go from 15% to 23.8%, or a 58.6% increase.]
- Shifts costs from the older to the younger, so most startups here will pay more.
- In realistic scenarios, will probably increase the deficit, affecting interest rates. But that's long-term.
A mix of good and bad for startups, depending on where you are in the process.
While it didn't discuss all of these, it seems to me that the things that will directly impact startuppers:
Pros
- Community rating, etc will make it easier for people with pre-existing conditions to get coverage. For people who have pre-existing conditions and want to do startups, it makes it possible.
- Might also make it easier for bootstrappers to get coverage.
Cons:
- The new taxes are concentrated on capital gains, so will tax startups and angel investors most of all. [This bill proposes a 3.8% increase on cap gains. The administration is also planning to change the regular cap gains from 15 to 20%, so if everything passes the rate will go from 15% to 23.8%, or a 58.6% increase.]
- Shifts costs from the older to the younger, so most startups here will pay more.
- In realistic scenarios, will probably increase the deficit, affecting interest rates. But that's long-term.
A mix of good and bad for startups, depending on where you are in the process.
[deleted]
Well, shucks. GG, America. GG.
Edit: Fixed vote tally.