Economic theory suggests that progressive income taxes discourage entrepreneurship. Glenn Hubbard of Columbia University argues that our tax code, which takes much of your money if you take risks and succeed, but does not share your losses if you take risks and fail, discourages people from taking chances. And, as many of you probably already know, working for yourself is risky.
Entrepreneurship and Taxes
Posted by iya.villa under TaxesFrom http://smallbiztrends.com 4881 days ago
Made Hot by: Monsieur Eraser on December 10, 2010 10:48 pm
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