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The Problem with Tax Credits for Angel Investors

A new bill that would give a 25 percent tax credit to investments made in small companies that receive SBIR grants is bad policy, says Scott Shane

Most people who are already making angel investments would gladly accept a tax cut for doing deals they would have done anyway. The problem is, this bill is not good public policy.

By Scott Shane

Full Story: http://www.businessweek.com/smallbiz/content/aug2010/sb20100820_461551.htm

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