[DaiPlusPlus]

Corporate taxes are on profits - it's very easy for a company, especially a startup, to not make a profit - ever - if they reinvest the earnings before the end of the tax year or the shareholders make drawings. I don't see how low corporate tax rates will spur new startups - but I do see it as incentivizing the repatriation of foreign-earned income by large multinationals.

On the contrary, I think a higher and progressive corporate tax rate would spur startups because it would serve as a governor to prevent large corporations (of the faceless variety) becoming large conglomerates - which generally have a depressive effect on the economy - thus giving smaller and more nimble startups an opportunity to compete.

> There is no other big market with such a low corporate tax.

Ireland's corporate tax rate is 12.5% ( https://en.wikipedia.org/wiki/Corporation_tax_in_the_Republi... ) and as Ireland is in the EU it has full access to the largest single market in the world - but I'll concede the EU's market is fragmented by localization issues and less demand for high-technology compared to North America.

[geff82]

I can tell you that I would not set foot in a country with high taxes. The US has some special incentives which even nowadays make it attractive (honestly, the US is so rich, big and special that the tax rate does not matter too much in the grand total), but in general, as a European there is no need for me to accept anything more than 25% when starting out. Everyone who starts out wants to keep their money. Especially starters need low taxes so they can invest more (and not only in the present year to get "deductions").

[geff82]

What I want to say: why bother with a 10% tax rate in Bulgaria (which has access to the EU, but gives you some things to explain why you are there) at 100.000 profit when you can have 1.000.000 profit in the bigger market that the US is at 35%.