The role of taxation in business creation is often considered minor, history, temperament, entrepreneurial, bureaucratic obstacles, labor law, etc. being judged more important. The story of President Reagan, on the contrary, shows that taxation is a key factor, as it was able to stop the entrepreneurial spirit of Americans, considered internationally as among the most enterprising. In 1986, the President erases all the loopholes (tax incentives), including those that encouraged to invest (...)
Home > Keywords > Tax incentives > DLF