Kamikaze Chinchilla
It's ALIVE
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#12863
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Indeed. They have to pay taxes every which way. Taxes for the federal government, sales taxes, environmental taxes, special fees and licenses, etc. --people are left with very little net income after the taxes and fees are taken away.
There is also the fact that people have 'less' customers.
On the other hand, most of the government's income comes from businesses, so they want to get as much money as they can (which ends up being spent on people who are unemployed and what not).
It's also due to the way banks operate. They aren't allowed to turn down people who want to buy a home, even if they can't afford it (actual law). But, they 'can' turn down people who want to start businesses with a loan, even if the business 'can' produce money and pay them back the full loan+interest.
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So we have a circular destructive cycle going on here.
Get rid of that home law, lower taxes for businesses and get rid of the extra fees, make it easier for people to start businesses. More businesses = less unemployed = government retains money to use for other projects and should offset the money lost from the reduced tax rate. Everyone's a winner.
It doesn't take a genius to see where the problems are. Just ask the bank people and the business owners.

~an item brewery - updated 12/02~
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Posted 02-12-2011, 07:26 PM
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