Republicans have removed the controversial part of the tax bill that had tech startups up in arms
2 days ago - By Business Insider
Members of the tech community were concerned about a provision in the Senate's tax bill that would've taxed stock options as soon as they vested.
Many thought the tax bill as written would harm the growth of tech startups in the US.
In a win for tech startups and VCs, the Senate removed the provision from the latest version of the bill on Tuesday night.
Senate Republicans have removed a controversial portion of their tax reform bill Tuesday that would've taxed stock options and restricted stock units as soon as they vested, instead of when they are exercised.
The proposal caused an uproar...
Read more ...
Senate tax bill ditches stock option change after outcry from tech startups
2 days ago - By Los Angeles Times
A revised Senate tax bill has ditched a change in the treatment of stock options after an outcry from technology startups. The original bill released last week proposed to tax stock options on the date they vest instead of when they are cashed in. Technology startups such as Hyperloop One, Airbnb,...
Read more ...
The headlines of News BreaK
Magnitude 6.3 earthquake hits Tibet region
A magnitude 6.3 earthquake was recorded in the Tibet region of China, the U.S. Geological Survey reports.
170 firefighters battle fire in 6-story apartment building
Firefighters are battling a large fire on the top floors of a six-story apartment building.
Trump puts ‘trophy' elephant ban reversal ‘on hold'
President Donald Trump has tweeted that he will not make a decision whether to end a ban on the import of elephant trophies from Zimbabwe and Zambia “until such time as I...
Keystone pipeline leak won't affect last regulatory hurdle
A state official says discovery of an oil spill from the Keystone pipeline will not affect the decision of Nebraska regulators on a massive expansion of the system.
Hawaii psychiatric patient is surprised his escape worked
"I was surprised that it actually worked," the 59-year-old said before a court appearance on escape charges.
Ohio Supreme Court justice describes sexual history in controversial...
The gubernatorial candidate's post went viral quickly.
Jameis Winston accused of groping Uber driver; NFL reportedly investigating
Buccaneers quarterback is being investigated by the NFL after an Uber driver accused him of groping her in 2016.
Director of Puerto Rico power company resigns
SAN JUAN, Puerto Rico - The director of Puerto Rico's power company has resigned amid ongoing blackouts and scrutiny of a contract awarded to a small Montana-based company to...
Dentist pays $15,000 bill for veteran's dental work
“I came in for a cleaning, and he's like, ‘My Goodness!'”
Trump added 5 names to his list of potential Supreme Court nominees
President Donald Trump has added five people to his shortlist of possible Supreme Court picks. It's unclear whether any vacancies on the nine-justice court are looming, but...