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RAISING REVENUE FROM HIGH-INCOME HOUSEHOLDS IN RHODE ISLAND

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Another concern over raising taxes on high-income households is that it might influence decisions to start businesses. If increased taxes reduce returns to investing in small business ventures, high-income individuals might be less likely to take risks, and entrepreneurial activity might decline. Some studies conclude that higher taxes reduce entrepreneurship, but a greater number conclude the opposite. Dozens of studies examine a range of variables that might influence this behavior: the impact of taxes on start-up rates, taxes and levels of entrepreneurship according to a range of definitions, combined federal and state rates and numbers of sole proprietors, levels of investment...
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RAISING REVENUE FROM HIGH-INCOME HOUSEHOLDS IN RHODE ISLAND

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