To get elected Politicians need both money to campaign and, ultimately, votes. Â Massaging the tax code is a favored way of getting both money and votes. Offering tax credits to an industry gets you money from lobbyists to fund your campaign. Â Providing tax credits related to mortgages, childcare, or education to the voting public buys you votes. Â
Just like technological advances can propel or retard an industry, the entrepreneur needs to keep a watchful eye on political leanings to make the most of current or emerging tax policies.
How can you use the tax code to your advantage?Â