Small and start-up enterprises account for most of the net new job creation in the United States and are the source of much of the dynamism in the economy. Taxes have a substantial negative impact on small and start-up business. Tax compliance costs and complexity impose a high and disproportionate burden on small firms. High marginal tax rates reduce the incentive to invest in risky enterprises and the overall tax burden starves businesses of the cash flow needed to grow and create jobs.
Join us for a discussion of the tax problems that entrepreneurs face and what can be done to improve the tax system to reduce the tax impediments to entrepreneurship.
More About the Speakers
President, Small Business & Entrepreneurship Council
Senior Fellow and Director of Economics21, The Manhattan Institute
Research Fellow, Tax and Economic Policy,
Institute for Economic Freedom and Opportunity, The Heritage Foundation
David R. Burton
Senior Fellow in Economic Policy