Lofty economic theories about economics and taxes are all the rage now-a-days. Plenty of people are chiming in with ideas on how to solve our economic woes. We’ve heard from, among others, Warren Buffett, Michael Arrington, Seattle’s own Andy Liu (writing in GeekWire) and Mark Cuban recently. They all have opinions about how taxes can impact job creation and investment, but one big issue that nobody seems to be mentioning is Code Section 1202, the 100% exclusion of which is soon to expire and if given a chance, may have a significant impact on the job market.

Startups, Taxes, and Job Creation

Obviously, there are many public policy concerns that animate these discussions (including, anger, envy, and all those other good human emotions!). But I think the primary public policy question we ought to ask is how can we can create more jobs? I personally enjoyed the recent suggestion of Mark Cuban, billionaire owner of the Dallas Mavericks and Shark Tank judge, that we ought to just ask private companies to state how many jobs they could create with $X number of dollars. He said...