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This article describes the effect of raising taxes on the people. Tax payed by the rich can be used by the government for man reasons such as implementing new policies, improving public amenities, and to benefit the poor. The article says that raising taxes has two main effects, one that people work less since work is now less rewarding. It also may cause people to feel the need to work longer hours because the might need to make some more money to keep the household running. One important determinant of the effect of tax rates is the relative position compared to other countries. Another is the international mobility. This mobility occurs because people believe that in other countries with lower taxes their pay will be greater and they can live a better life. The greater the mobility, the greater the elasticity of supply with respect to changes in taxes.

The Nigerian Export Promotion Council plans to provide pre-shipment incentive grants to small and medium enterprises involving in non oil-exports to stimulate growth in these industries. The council aims to promote trade to where many Nigerians reside. Moreover, it aims to open offices in countries where Nigeria export to the most. The article shows the promotion of exports in Nigeria in order to help small and medium enterprises. This can then contribute to the level of economic growth in Nigeria. This policy focuses solely on small and medium businesses, therefore it should help lower to middle class entrepreneurs, ensuring equity.

Danish government aims to reduce corporate tax to 22% by 2016. It also aims to increase international competitiveness by offering tax credits, reducing energy tax and public investments. This amendments is implemented in the hope of stimulating growth and make it more attractive for foreigners to run a business in Denmark. Reducing corporate taxes allow companies to have more capital for investments. This could potentially increase factors of production. This wil give corporate incentives to produce more efficiently. In all, this policy can produce a shift in the supply curve to the right, giving positive supply-side benefits.

The British Columbian government has stated in its newest budget a tax increase for incomes over 150,000 dollars and a permanent 1 percent increase for corporate taxes. In the 1990s, the NDP government has implemented a similar tax hike in the hopes of increasing revenue, yet the opposite happened as the rich found ways to evade taxes and even worse found no incentive to work harder. However in 2001, the liberal party slashed taxes and revenue slowly, but surely increased. It is a period of waiting as the new tax increases take effect and to see if past still holds true, or if the future will be brighter.