The Tax Code as a Barrier to Entrepreneurship
There are millions of entrepreneurs in the United States, spread across nearly every major industry. While every entrepreneur has a different business model and unique concerns, they all tend to face similar challenges with our tax code.
The federal tax code penalizes businesses with large, up-front losses; discourages investors from pursuing risky opportunities; and makes it difficult for successful companies to expand. All of these features of the U.S. tax code create disadvantages for new businesses and entrepreneurs.
So, as we prepare for the first major tax code overhaul in decades, how can we craft business tax policies that don’t act as barriers to entrepreneurship?
To offer insight on this important topic, we are holding a panel discussion with some of today’s leading tax policy minds, on Monday, May 15, at 12 p.m., with the help of Intuit Tax & Financial Center:
- Donald Marron, Director of Economic Policy Initiatives, Urban Institute, @dmarron
- Tom Nichols, Meissner Tierney Fisher & Nichols S.C.
- Tim Kane, Fellow, Hoover Institution, @TimmerKane
- Scott Greenberg, Analyst, Tax Foundation, @ScottElliotG
The discussion will be moderated by Scott Hodge, President of the Tax Foundation.
To follow the action live, use the hashtag #TalkingTax.
As if tax policy wasn’t already exciting enough, the event will feature catering from Chick-fil-A!
Space is limited, so if you plan on attending the event in person, register early!