High marginal tax rates discourage productive economic activities such as work, savings, investment and entrepreneurship.
entrepreneurship
In nine developed countries including Canada, immigrants are more than 20 per cent more likely to be self-employed than the native population.
Regulators continue to downplay the deleterious impacts of their rules.
Tax policy is the most efficient way to incentivize high-growth entrepreneurship and access to finance.
Capital gains taxes reduce the return entrepreneurs and investors receive when selling a new technology or business.
When taxes on investment returns are very high, the negative consequences, compounded over time, can be dramatic.
Startup businesses often introduce new products and new ways of doing business into the economy.
The entrepreneur played a prominent role in the work of the classical economists, particularly in the French tradition.
The percentage of the U.K population between the ages of 30 and 39 is expected to decline to around 12 per cent by the 2040s.
Crucially, creativity is maximized in early adulthood and declines afterward.