This is why I hate being a democrat ( I know republicans do the same thing but I think hard to argue they have a stronger overall position of lower taxes for everyone). This kind of stuff is embarrassing. It seems like a secondary but big reason taxes are so high is so that politicos can hand out stupid breaks like this to arbitrary groups. Plus the fairly obvious admission that taxes diminish business growth.

I would say that tax breaks are not compelling to startups since they play almost no role. But the employee income tax waiver might be significant.