Watered-down angel tax credit

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By Thomas Lee, MedCity News

“Passing an angel investment tax credit in Minnesota is not important just for the dollar amount but to signal to investors in the Midwest, and indeed the rest of the country, that our state is a serious place to do business; that we are ready to embrace (finally) a commonly accepted way to spur investment in promising high tech start-ups.

So in other words, something is better than nothing. We need to start somewhere. I need to remind myself this after reviewing the latest version of the bill emerging from the House.”

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