Do tax rates effect startups and job growth?

Everyone wants a vibrant economy, innovation, and job growth. Do lower tax rates result in more startups and job growth? Do higher tax rates have the opposite effect? Tim Kane in the Huffington Post argues "Cutting Taxes Will Boost Entrepreneurship" http://www.huffingtonpost.com/tim-kane/cutting-taxes-will-boost-_b_847977.html.

There are strong opinions on both sides of this issue, but very few facts. Most of the people arguing about it are politicians who have never started or managed a real business. In the USA, Democrats think big government spending, redistribution of wealth, and higher taxes on the "rich" are the right approach. Republicans believe less government spending, less reguation, and lower taxes stimulate job growth.

Don Dodge

Full Story: http://dondodge.typepad.com/the_next_big_thing/2011/04/do-tax-rates-effect-startups-and-job-growth.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheNextBigThing+%28The+Next+Big+Thing%29