Mark Cuban has a brilliant post up titled How to Jumpstart the Economy – Tax Free Small Businesses. He totally nails it. Send a copy to every politician you know.
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Mark Cuban has a brilliant post up titled How to Jumpstart the Economy – Tax Free Small Businesses. He totally nails it. Send a copy to every politician you know.
Completely agree. Taxes and government regulation are a significant overhead for a small business that doesn't have someone to focus on such things full time. Furthermore the amounts of money we are talking about are negligible.
Comment by Josh — January 7, 2009 @ 1:55 am
does make SOME sense
but My problem is that Our America aint black or white or dem or gop &am… besides I say work hard and don’t complain nice spot, chk me out one day and if u like what u read, maybe u will come back, even Blog Roll Me
Comment by rawdawgbuffalo — January 7, 2009 @ 1:55 am
Interesting hypothesis. It would be easy enough to test–if a local governement or Chamber of Commerce wanted to encourage small business development, they could offer a "Tax Refund Stimulus" whereby the local government refunds all the other taxes (Federal, etc) paid by the small business. While this isn't the same as not paying the taxes in the first place (specifically it is MORE paperwork to fill out), it is more likely to encourage the small businessperson than not getting such a refund.
So here we are–we have a testable hypothesis. Now all we need is the cash.
Comment by Mechaniclese — January 7, 2009 @ 1:55 am