Yeah, because high tax rates always discourage entrepreneurship </sarcasm> Norway - with one of the highest tax rates & comprehensive welfare states on the pla

Yeah, because high tax rates always discourage entrepreneurship </sarcasm> Norway - with one of the highest tax rates & comprehensive welfare states on the planet - has higher rates of entrepreneurship than the USA does. http://blogs.reuters.com/felix-salmon/2011/01/20/norway-entrepreneurial-paradise/ http://blogs.reuters.com/felix-salmon/2011/01/20/norway-entr... If you look at international entrepreneur rates, its pretty clear that there is no relationship between income tax rates and start-up activity (that's not to say that specific tax policies don't make a difference). http://www.internationalentrepreneurship.com/total-entrepreneurial-activity/ http://www.internationalentrepreneurship.com/total-entrepren... For every argument about high tax discouraging risky ventures, there is a counter-argument that high safety nets reduce the risk of start ups.