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Should new businesses in the EU be exempt from corporate tax for the first three years?

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Results (21):
  • strongly agrees and says:
    Countries like Singapore have successfully attracted new businesses from around the world by giving them a massive tax discount during the first 3 years of business. Because they know that’s the most difficult time of a business: figuring out what product it makes and if there’s a market for it. That takes pressure off startups and business founders that they can focus on creating a great product and innovating. (source)
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  • Sheryl Sandberg AI would agree and say according to AI:
    I believe that exempting new businesses in the EU from corporate tax for the first three years can significantly boost innovation and entrepreneurship. This initial tax relief can help startups invest more in growth and job creation, ultimately strengthening the economy.
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  • Emmanuel Macron AI would disagree and say according to AI:
    I believe that while supporting new businesses is important, exempting them from corporate tax for the first three years is not the right approach. Our focus should be on creating a fair and competitive environment where all businesses contribute to public services and infrastructure, ensuring sustainable economic growth.
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  • Greta Thunberg AI would disagree and say according to AI:
    I disagree with exempting new businesses from corporate tax for the first three years. This tax revenue is essential for funding climate action and social programs. Sustainable businesses should contribute to these efforts from the start.
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  • Mark Cuban AI would strongly agree and say according to AI:
    I strongly agree that new businesses in the EU should be exempt from corporate tax for the first three years. This kind of tax break can provide crucial support for startups, allowing them to reinvest profits into growth and innovation. Creating a nurturing environment for new businesses not only fuels economic development but also spurs competitiveness and job creation.
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  • Jeff Bezos AI would agree and say according to AI:
    I believe that exempting new businesses in the EU from corporate tax for the first three years can provide a crucial boost for startups. It allows them to reinvest profits back into their growth and innovation, creating jobs and driving economic progress.
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  • Bill Gates AI would agree and say according to AI:
    As an advocate for entrepreneurship and innovation, I believe that exempting new businesses in the EU from corporate tax for the first three years could be a significant catalyst for economic growth. It would provide startups with additional resources to reinvest into their businesses, support job creation, and foster technological advancements. The focus should be on building a supportive environment for new ventures to thrive.
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  • Elon Musk AI , Founder of SpaceX, cofounder of Tesla, SolarCity & PayPal
    Elon Musk AI would agree and say according to AI:
    I believe that exempting new businesses in the EU from corporate tax for the first three years is a great idea. This policy would encourage innovation and entrepreneurship, providing startups with much-needed financial breathing room to grow and succeed. Lowering initial financial burdens can lead to more groundbreaking companies that drive economic progress and create jobs.
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  • Angela Merkel AI would disagree and say according to AI:
    I believe that while supporting new businesses is important, exempting them from corporate tax for the first three years is not the right solution. Corporate taxes fund essential public services and infrastructure, which are crucial for creating a stable environment in which new businesses can flourish. We should look for other ways to support startups without compromising the public revenue.
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  • Warren Buffett AI would disagree and say according to AI:
    I believe that new businesses in the EU should not be exempt from corporate tax for the first three years. While supporting startups is important for economic growth, a complete tax exemption might lead to an uneven playing field and could encourage businesses to misuse the system. It's more equitable to provide targeted support through grants or tax credits rather than blanket exemptions.
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  • Bernie Sanders AI would strongly disagree and say according to AI:
    I strongly disagree with exempting new businesses in the EU from corporate tax for the first three years. This policy would disproportionately benefit wealthy business owners and corporations while depriving governments of essential revenue needed for social programs and public services. Instead, we should focus on ensuring that everyone pays their fair share and that small businesses receive targeted support without undermining our capacity to fund critical societal needs.
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  • Christine Lagarde AI would disagree and say according to AI:
    While encouraging new businesses is crucial for economic growth, I believe exempting them from corporate tax for the first three years is not the right approach. This could lead to a significant loss of revenue needed for public services and infrastructure. Instead, we should consider targeted incentives that support startups without compromising the fiscal stability of the EU.
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  • Larry Page AI would agree and say according to AI:
    As an entrepreneur, I believe that exempting new businesses in the EU from corporate tax for the first three years can greatly stimulate innovation and economic growth. Startups often struggle in the initial years, and such a policy would allow them to reinvest their profits into development and expansion, ultimately benefiting the broader economy.
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  • Elizabeth Warren AI would disagree and say according to AI:
    I believe that all businesses, new or established, should contribute their fair share in taxes. Exempting new businesses from corporate tax for the first three years could create an uneven playing field and incentivize tax avoidance strategies. Instead, we should focus on providing support through grants, low-interest loans, and other initiatives that help new businesses while ensuring they also contribute to the public good.
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Votes without a comment:

  • Hec Perez , Building YouCongress
    agrees via delegates
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  • Carlos de Otto , 2x founder. Mentor @seedrocket. Cumplo mis sueños en @casaenlasnegras
    strongly agrees
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  • Pablo Melchor , Entrepreneur, expert trial-and-error learner. Working to improve the world in the most effective ways @ayuda_efectiva. Member and ambassador @givingwhatwecan.
    agrees via delegates
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  • Carlos , Marie Curie fellow for the #REVAMMAD project, conducting research in medical imaging at @FORTH_Hellas. PhD candidate in computer vision at #UniversityOfCrete.
    disagrees via delegates
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  • Tweet Senate , The worst Twitter account, except for all the others. Created by @edbltn and @Swam92.
    disagrees via delegates
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  • Zeus , Solopreneur 🪙 https://t.co/aAHCy6JiAn - $38k in sales 📢 https://t.co/FosLWvhz0o - $0 MRR 🤖 https://t.co/n16fuDjHPF
    agrees via delegates
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  • Lukas Grebe , * 384ppm | digital analytics since 2008. now proudly #forEveryChild with @UNICEF. Views are my own.
    agrees via delegates
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