Birdwatch Note Rating
2024-08-02 02:23:16 UTC - NOT_HELPFUL
Rated by Participant: 2F6E8EB91EDDA8D8E1893883D913761C89E2147F7EEC059D0C3F97434F076CC5
Participant Details
Original Note:
Vance didn't create a business for the United States, but rather created a venture capital firm for himself & his investors. His venture firm was directly responsible for few jobs & likely paid little tax (to Ohio/US) by using QSBS & carried interest loopholes. https://www.politico.com/news/2022/10/30/jd-vance-job-creator-ohio-senate-00064119 https://www.wsj.com/politics/elections/vp-pick-jd-vance-short-career-venture-capitalist-b3d941e1 https://www.investopedia.com/terms/q/qsbs-qualified-small-business-stock.asp https://carta.com/learn/private-funds/venture-capital/taxes/#carried-interest
All Note Details