perspectivephilosophical
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Business leaders and liberal commentators saw the reform as an assault on entrepreneurship. They argued that raising taxes on the self-employed punishes success and drive. From this viewpoint, a fair system should reward risk-taking. Forcing high earners to pay more simply drives talent away and weakens the country's economic dynamism.
controversy
Supporting arguments
- Penalized entrepreneurial risk
- Risked capital flight
- Complicated tax compliance
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