Tell HN: HR 3590 (Healthcare) Passed the House
Yea 219
Nay 212
Edit: Fixed vote tally.
Edit: Fixed vote tally.
While it didn't discuss all of these, it seems to me that the things that will directly impact startuppers:
Pros
- Community rating, etc will make it easier for people with pre-existing conditions to get coverage. For people who have pre-existing conditions and want to do startups, it makes it possible.
- Might also make it easier for bootstrappers to get coverage.
Cons:
- The new taxes are concentrated on capital gains, so will tax startups and angel investors most of all. [This bill proposes a 3.8% increase on cap gains. The administration is also planning to change the regular cap gains from 15 to 20%, so if everything passes the rate will go from 15% to 23.8%, or a 58.6% increase.]
- Shifts costs from the older to the younger, so most startups here will pay more.
- In realistic scenarios, will probably increase the deficit, affecting interest rates. But that's long-term.
A mix of good and bad for startups, depending on where you are in the process.