Those are good point. But they're almost besides the point. This tax system might be fair. The complaints aren't really about that. They are about the consequen

Those are good point. But they're almost besides the point. This tax system might be fair. The complaints aren't really about that. They are about the consequences. - The tax in question targets an additional 25% on any shareholder with less than 10% ownership of a company. This brings the marginal tax rate up to 67% for an entrepreneur exiting a company - Early stage investors who were willing to invest in less than 10% of a company have taken their money elsewhere - DVCA report found that 62 % of angel investors have declined to invest, and more than a third of Danish IT companies reported they have already been affected by the Entrepreneur Tax. - this tax also makes it impossible for growth companies to accept additional funding -- even if it is offered. The structure of the Entrepreneur Tax makes individuals personally liable to pay capital gains tax from the increased valuation - "It wasn't as much a matter of moving our activities out of Denmark as it was it was a matter of not placing them there in the first place." says Michael Schmidt, Co-founder of Exit Strategy Entertainment - "'we would really like to stay as independent as possible. Part of being independent is that we would preferably not pull in any large investors but are rather looking at the angels who in general are targeting a sub-10% share" Fair or not, you don't want these effects.