The bonkers business of tax breaks for entrepreneurs

The Financial Times article critiques the effectiveness of Healey’s new Founders’ Relief tax breaks for entrepreneurs, arguing that while fostering start-ups and scale-ups is essential, these incentives may not be the most effective strategy. The article suggests that the tax relief could lead to unintended consequences, such as misallocation of resources and potential inequities. This matters because it questions the overall economic strategy for supporting innovation, hinting that better-targeted approaches might yield more sustainable growth.