Following on from last week's special issue aimed at the mid-market Christopher Sanger head of tax policy at Ernst & Young asks whether mid-tier companies really want a simpler tax regime
The conventional wisdom is that life for the managers and owners of mid-tier companies would be better if only the tax system would stop interfering and leave them to get on with running their businesses. But as the late Harvard economist JK Galbraith pointed out the truly wise would often do well to question conventional wisdom. Would such a clean tax system without any of the incentives discussed by James Welch in last week's issue (The Tax Journal Issue 841 12 June 2006) really be beneficial? Or is it a chimera that leads companies away...
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Following on from last week's special issue aimed at the mid-market Christopher Sanger head of tax policy at Ernst & Young asks whether mid-tier companies really want a simpler tax regime
The conventional wisdom is that life for the managers and owners of mid-tier companies would be better if only the tax system would stop interfering and leave them to get on with running their businesses. But as the late Harvard economist JK Galbraith pointed out the truly wise would often do well to question conventional wisdom. Would such a clean tax system without any of the incentives discussed by James Welch in last week's issue (The Tax Journal Issue 841 12 June 2006) really be beneficial? Or is it a chimera that leads companies away...
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