Politicians are selected by people, but politicians rely on entrepreneurs, investors and corporations for economics. Entrepreneurs don't like:
High Taxes
Remember increase in tax will increase inflation. When a government increases tax on companies, they will compensate with four different responses:
Increasing price
Shrinking product
Reducing service quality
Laying off employees
Plus, ESG of startups and corporate ecosystems will be affected and investors might consider risks of investment in highly taxed countries. It will stop flourishing new companies, and will stop increasing employment rate. Recently, conservative party leader in CANADA, Pierre Poilievre, addressed how high taxes will cause higher production costs, discouraging working, and lower life quality for Canadians (Harding, 2022).
Supporting Extreme Environmentalists
How many climate and environmental scientists do you know? be honest. Greta Thunberg has 14M followers on his Instagram account. This is so wrong. Let professionals speak who have PhDs in environmental and atmospheric science. They publish hundreds of papers each year.
Founders and entrepreneurs are also contributing to climate change by developing green technologies in design stage. How many of them are you following? Do you know Boyan Slat? founder of theoceancleanup.com has 262K followers on his instragram so far. He is cleaning oceans and rivers. He is a clear example of "actions speaks louder than words". Founders drop out of schools to expend their time and energy on building something, not to wasting times in streets like kids making mottos.
Entrepreneurs Hate Political Trash Talks
Recently, abortion rights and student loans became big deals between republicans and democrats supporters in America. But to entrepreneurs, these topics are trash talks. The gas price, inflation, national security (nuke threat, wars, political collision course), market stability, trades and economics are more important. Elon musk and Phil Knight (Nike Cofounder) shifted toward republican candidates are the examples of resentful entrepreneurs who are done with trash talking politicians (Hastrom, 2022, Anguiano, 2022)
To wrap up, entrepreneurs and founders are the engines of strong economies. Politicians with wrong extreme decisions and trash talking can destroy these engines who are hiring people, developing technologies, bringing innovations, and catalyzing solutions including environmental, medical and financial ones. Listen to scientists and entrepreneurs more than politicians and kids without educations.
Bibliography:
Harding, L. (2022) Poilievre’s complicated tax issue made simple, Frontier Centre For Public Policy. Available at: https://fcpp.org/2022/09/18/poilievres-complicated-tax-issue-made-simple/ (Accessed: October 18, 2022).
Hagstrom, A. (2022) Nike co-founder Phil Knight declares war on Democrats in Oregon, Yahoo News. Available at: https://news.yahoo.com/nike-co-founder-phil-knight-174851949.html (Accessed: October 18, 2022).
Anguiano, D. (2022) “Elon Musk plans to ‘vote Republican’ and warns of political attacks on him,” The guardian, 18 May. Available at: https://www.theguardian.com/technology/2022/may/18/elon-musk-republican-political-attacks (Accessed: October 18, 2022).
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