Biotech investors wary of Warren tax proposals

Why biotech investors think Warren’s plan could disincentivize long-term investing

Biotech investors are concerned that Sen. Elizabeth Warren’s plans for funding Medicare for All could disincentivize the long-term investments that are the industry’s lifeblood. They are especially worried about unintended consequences of a proposal to tax capital gains annually, rather than when assets are sold.

Warren (D-Mass.) wants to

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