WASHINGTON, DC – The National Venture Capital Association (NVCA) today issued the following statement after House Speaker Paul Ryan (R-WI) and Congressman Kevin Brady (R-TX), Chairman of the House Ways and Means Committee, unveiled the House Republican blueprint for tax reform.
“The tax code impacts the entrepreneurial ecosystem in two major ways—one in which tax policy has been effective and second where reform is desperately needed. Startups generally have to operate for years using investment capital to create and develop a novel product or service, and so the investment environment is absolutely critical to entrepreneurship,” said Bobby Franklin, President and CEO of NVCA. Read more