One economic theory states that as long as business owners can’t reasonably predict how the laws and taxes will affect them in future, economic growth will be curtailed. Economists are still debating this today, but our Founders seemed to believe it was true. From The Federalist Papers:
What prudent merchant will hazard his fortunes in any branch of commerce when he knows not but that his plans may be rendered unlawful before they can be executed?
– Madison, Number 62