Should Angel Investors Get Tax Credits to Invest in Small Businesses?

Everybody is looking for ways to spur the development of new businesses. But everybody seems to have a different idea on how exactly to go about doing that.

One popular strategy is to try to encourage investment in start-up businesses by offering tax credits to angel investors, those wealthy individuals who provide the funding that gets many new companies through their first years.

Nearly half the states in the country offer such credits, and several more are actively considering putting tax credits for angel investment in place.

But do they work?

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