As a ‘founder’ I’ll pay Albanese’s tax. Spare me the whining, we’re not saints
The article discusses the misconceptions surrounding tech start-up founders and their tax obligations. The author, Tom Hird, argues that founders often benefit from various tax breaks and should not expect sympathy when facing tax changes. He emphasizes that salaried employees do not have the same tax advantages as founders.
- ▪Tom Hird, an economist and founder, criticizes the narrative that founders are unfairly taxed compared to salaried employees.
- ▪He highlights that founders often utilize tax strategies to minimize their tax burden, unlike regular employees.
- ▪Hird believes that the complaints from founders about tax changes are unwarranted given their previous tax advantages.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.