Thus the changes in what happens to start up companies
Reader comment on: The Steve Jobs Act
Submitted by Lyle (United States), Oct 20, 2011 23:18
Today you sell out to a larger company when you reach a size, not do an IPO thereby circumventing Sarb-Ox, it being the acquiring company's problem to implement the issue. Amazining if you trimmed Obamacare down to the Wyden Bennett proposal (basically allow anyone to opt in to the federal employees health plan which already has an exchange for federal employees). This of course is the core of the whole exchange concept but then a whole bunch of other stuff got layered on. Note that the 401k/ira system does provide portability, but perhaps the IRA limits should be raised to the 401k limits as well (17 k a year next year)
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