5 ms·
Why should a group of 100 people get taxed more than a group of 100,000 people? It would be the other way around. This is in order to encourage the formation o
by kevinventullo 3y ago
Why should a group of 100 people get taxed more than a group of 100,000 people?
It would be the other way around. This is in order to encourage the formation of new groups, which almost always start out small.
- gruez 3y ago>This is in order to encourage the formation of new groups, which almost always start out small. If that's your goal, having slightly lower taxes is a terrible way of doing so. It's far better to address the barriers to business formation directly (eg. availability of capital, market power of incumbents, regulatory requirements). We want people to found new companies to produce a better product (eg. Tesla), not to chase some tax incentive.