Who wins Tuesday’s presidential election could affect several issues key for the venture-capital industry, such as the ability of entrepreneurs to immigrate to the U.S. and the tax treatment of capital gains.
If President Donald Trump is re-elected, venture capitalists are likely to maintain the advantage of capital gains being taxed at a lower rate than ordinary income, according to Jeff Farrah, general counsel at the National Venture Capital Association, the industry’s main lobbying group. Conversely, an administration led…
