I agree with the take on capital access as the foundation of entrepreneurship, especially its modern, VC-backed incarnation (poor bootstrapped startups, with ca

I agree with the take on capital access as the foundation of entrepreneurship, especially its modern, VC-backed incarnation (poor bootstrapped startups, with cards stacked against them - and even if they win - no serious media coverage) ... yet to play a bit of devil's advocate, are wealthy individuals as important in providing the capital? Surely, by the sheer monetary volume, the fiscal policy component you mention will overshadow any private initiative, and it is this component which makes the US an outstanding location? If this is true, progressive tax system wouldn't interfere with the entrepreneurship much, while the QE-driven investment continues to work as intended.