A new study finds that the greater the amount of populist rhetoric in a nation, the less likely entrepreneurs are to register their businesses—dodging both taxes and government regulations. “Populist rhetoric refers to political language that focuses on the ‘will of the people’ and taking action against a ‘corrupt elite,'” says Tim Michaelis, an assistant professor of psychology at North Carolina State University.
When populist rhetoric is high, entrepreneurs are more likely to dodge taxes
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