Big businesses start small. With the proposed Republican tax reform announced on September 28th, small business taxes will be dropped sharply making it attractive for start-up companies to locate and grow in the U.S.This is in sharp contrast to the recent debate in Canada whereby small...

Governments, including Canada’s, offer tax benefits to small businesses, such as lower rates, in the belief that these benefits encourage growth, but these attempts can easily have the opposite effect. Small businesses that face steep “tax walls,” meaning a sudden and sharp increase in tax...