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High taxes and low rates of entrepreneurship - is there a relationship?

Madison, Wis. - Ask a Wisconsin entrepreneur what's vital to the success of his or her business, and you're as likely to get a shopping list as a definitive answer. Finding and keeping the right employees, affording health insurance, protecting intellectual property, and cutting through government red tape are common replies.

Holding down taxes? That'......

Full article >>> nistration concluded that higher top tax rates on individual income, higher sales tax rates and the existence of state-level inheritance or gift taxes all tend to slightly reduce a state's share of the national entrepreneurial stock.

In that study, led by Donald Bruce of the University of Tennessee and
Full article >>> anding tax credits for angel and venture capital investors who invest in high-tech or high-growth start-up companies is one idea. Another is providing a capital gains tax exclusion for investment gains that are plowed back into high-growth Wisconsin companies.

State and local taxes might not be the first complaint by Wisconsin entrepreneurs, but neither is it the last. Stay away from the ......

Full article >>>
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Source:wistechnology.com By Tom Still 01/08/07


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