A Policy Analysis of the New Liberal Party “Angel” Investor/ Large Institution Tax Credit

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Essay #: 071162
Total text length is 5,312 characters (approximately 3.7 pages).

Excerpts from the Paper

The beginning:
A Threat to the Funding of Public Social Services: A Policy Analysis of the New Liberal Party “Angel” Investor/ Large Institution Tax Credit to Stimulate the Canadian Economy
Policy Synopsis:
The new Liberal Party tax credit for “Angel” inventors and large financial institutions is one way in which they hope to galvanize support for new elections in the upcoming election period. This policy would initiate a tax break for all large-scale capital venture investors looking to invest in financial institutions, manufacturing, and technological areas of the economy. The investor would get $35 back for every $100 they invested for every capital venture enacted. This policy is likely to be implemented, but it has not been enacted to date....
The end:
.....se of tax credits in the new system. While the incentive to invest with such a great return per $100 invested may be stimulating, it has its down side as well. With the tax credits only be given to wealthy large-scale capital venture invest firms, this type of “top-down” system could prove to be a ruse to increase the wealth of the powerful corporations—meaning that the private sector would wield more power of social services being brought forth by the government.
References:
Kiladze, T. (2011). “Ontario liberals pledge startup tax credit.” The Globe and Mail. Retrieved September 29, 2011 from http://www.theglobeandmail.com/report-on-business/small-business/sb-money/business-funding/ontario-liberals-pledge-startup-tax-credit/article2157256/