Silicon Valley’s venture capitalists are outraged that the U.S. Senate’s proposed tax reform makes employee stock option compensation less attractive and forces companies to pay employer taxes.
Republican efforts to enact tax reform face a serious challenge.
Even before the House bill was released Thursday, 60 percent of Americans said the plan favored the wealthy, according to a poll by ABC News/Washington Post. The poll was taken between October 29 and November 1, the day before the Tax Cuts and Jobs Act was released.
