The attack on Section 1202: Qualified Small Business Stock
#3 // The attack on one of the U.S.'s most powerful innovation incentives, tax code analysis, and seeing SalesForce's anti-#TeamSpace campaign in action.
In my introductory post, "The intersection of democracy, capitalism, and technology," I briefly touched upon my interest in the United State’s Tax Code’s Section 1202. Before sharing with you my detailed thoughts on Section 1202, I want to re-visit the passion driving me.
I’m a believer that the freedoms and liberties we exist under in the United States are worth protecting. That protection requires innovation, specifically strategic, national security focused, innovation. However, given those same freedoms, this innovation is dependent on individual decisions to want to innovate, and to work on national security development. This is in contrast to our rising, global competition, who have direct control of their people, their businesses, and their innovation.
Our challenge, to be won or lost this century, is if we use our liberties to defend our liberties, or if we choose to be outmatched by the direct control of our competition. Silicon Valley, born from the innovation needs of the Cold War, now views national security work as taboo.
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