Birdwatch Note Rating
2024-11-18 07:53:07 UTC - NOT_HELPFUL
Rated by Participant: ADADF91194EC77A2433B4EE931E530E5B75E0ED191C0DF6E7AFCCDC24EAF3D5D
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