Tax the Eggs, not the Hen
نویسندگان
چکیده
The VC industry provides an excellent example for that is based on the ability to bring together ideas and high-risk capital in a process generates value. Of particular interest case where entrepreneurs reside one country investors another country. There are two types of benefits. first type benefits depends success young innovative technology firms. second total flow from investment takes place. While shareholders vastly discussed, benefit hosting less explored. Successful earn lot money success. high gains attract public pressure higher more effective tax. In this work we show be worthless even harming. We both direct form taxes indirect as wages. use hand-picked database estimate small was successful attracting international funding. Our main result Income tax collected backed employees 10.7 than Capital gained exits. call taxation wealthy individuals could materially hurt revenue
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ژورنال
عنوان ژورنال: Journal of economics and public finance
سال: 2022
ISSN: ['2377-1038', '2377-1046']
DOI: https://doi.org/10.22158/jepf.v8n1p22