Thursday, 8 November 2012

A great post on Nep-His Blog on tax on private business

I really like the economic business and financial history blog for the diverse people who post and the topics they introduce. They are quite good in finding historical research that links to current debates.
Their latest find is on the historical evidence of taxation and the affect on corporations, a topic that was hotly debated even the the recent US elections. It is a hotly debated topic in Cyprus and Malta as well, and one of the key "red lines" that the government of Cyprus is not willing to cross vis a vis the "troika" negotiations.
It is important to see that although the issue is not as simple as corporations argue, it is an issue as taxation does reduce incidences of corporation, and hence make growing a business harder.

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