What's new
US Message Board - Political Discussion Forum

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Government Burden on Small Business

Joined
Oct 31, 2012
Messages
33
Reaction score
2
Points
1
I think this article sums it up nicely.

Red Tape Is Strangling the Recovery


By John Allison
October 19, 2012 RSS Feed Print



John Allison is the CEO of the Cato Institute and author of The Financial Crisis & the Free Market Cure, and is also a leader of the Job Creator's Alliance.

For years politicians have bickered about the best prescriptions for the economy. From the right, it's lower taxes; from the left, the remedy is stimulus spending and government programs. Lost in the cacophony is one solution to our economic challenges about which both Republicans and Democrats claim to agree: rolling back the rising tide of red tape strangling small businesses.

The ever-growing thicket of regulations businesses must contend with is a hidden tax that is stifling economic growth. Washington's bureaucratic machine costs the American economy somewhere in the neighborhood of $1.75 trillion each year according to a recent study commissioned by the Small Business Administration's Office of Advocacy. That is more than the federal government takes in corporate and individual income taxes combined.



Along with the billions spent on stimulus programs have come hundreds of new regulations that make it harder for businesses to grow and propel economic recovery. As one hand gives, the other takes away; and recently, it's taking a lot more. The trouble with regulation is that more is added every year, but very few government mandates are ever repealed. The combined weight of all the rules that have accumulated are crushing the economy—a death by a thousand cuts.

Last year alone, federal agencies issued 3,807 final rules according to data compiled by Wayne Crews of the Competitive Enterprise Institute. A good way to measure the extent and complexity of the regulatory environment is how many pages it takes to explain what all the regulations mean. Last year, for example, the Federal Register spanned more than 81,000 pages. That's enough to make a stack of paper as high as a three-story building and each year, the number grows. Today, the Federal Register spans 54 percent more pages than it did in the 1980s.





More disturbing is the explosion of economically significant rules, those with an impact of more than $100 million. Over the last three years the average number of economically significant rules completed annually has risen by 75 percent.



Washington has lost sight of the consequences that regulations have on businesses, but the public seems to understand. A poll conducted earlier this year for the Job Creator's Alliance found that 60 percent of adults believe that we are putting too much of a tax and regulatory burden on businesses and discouraging job creation as a result. Regulation hits small businesses the hardest. Small businesses cannot afford the legal and consultant teams used by big businesses to navigate complex regulations. That same SBA study found that small businesses face 36 percent higher regulatory costs per employee than large businesses. Hurting small businesses, which create two out of every three net new jobs, is the quickest way to stifle job creation.



Large companies' ability to absorb these costs relative to small businesses gives them a significant competitive advantage. By hindering small business growth, overregulation results in a less dynamic and innovative economy. In the long run, it's not government stimulus, but our ability to create and innovate that leads to prosperity.

We've only just hit the tip of the iceberg. Regulators are still working on dozens of new multibillion dollar regulations due out in the next year or two. Those pending rules will worsen our regulatory climate and further cripple economic growth and job creation. Lifting the regulatory burden on small businesses is essential to any credible program to get the economy back on track.

(There were charts that I was unable to post in the original article)
 

Katzndogz

Diamond Member
Joined
Sep 27, 2011
Messages
65,656
Reaction score
7,481
Points
1,830
Small business owners spend about 400 hours a year just complying with the forms that need to be filled out. Next year if obama is reelected that burden will be increased by mandated health reporting. Not only for business, but even as individuals, extra IRS forms will be necessary to report the state of the individual tax payer's health.
 

Moonglow

Diamond Member
Joined
Jun 27, 2011
Messages
170,755
Reaction score
28,645
Points
2,220
Location
sw mizzouri
I can remeber that the right gave out a stimulus program also under Bush, and that regulatins were not decreased under Bush. In fact he raised alot of fees, even on immigration applications.I am not saying that the left or the right are right or wrong, but something needs to be done to rmedy the burden put upon business. I did a state govt job in 2008, it was the last time, why, not just the paerwork to get all materials and work certified by the company that was the contractor, but the fed and state level of payroll paperwork involved. It does exist at the state level also, it is not just a federal delimma.
 
OP
B
Joined
Oct 31, 2012
Messages
33
Reaction score
2
Points
1
Small business owners spend about 400 hours a year just complying with the forms that need to be filled out. Next year if obama is reelected that burden will be increased by mandated health reporting. Not only for business, but even as individuals, extra IRS forms will be necessary to report the state of the individual tax payer's health.

It really is terrible to watch. I know that as long as the philisophy exists that government will solve our social problems, we will continue to see a decline in our overall well being as a society. I wonder though, are Republicans going to fix this problem?
 

Grandma

Geezer Chick
Joined
Dec 30, 2011
Messages
9,069
Reaction score
2,829
Points
360
Location
Under The Sky
Not a chance. Republicans tend to favor VERY big businesses, as in nationwide chains of superstores.

A big factory going into a town will not have to pay local or state taxes. The mom & pop restaurant across the street will get no tax breaks. Hardly seems fair. The factory can better afford the taxes, why don't they have to pay?

As for regulations, the big businesses can afford attorneys that can tie things up in court until the cows come home. If they are eventually found guilty all they have to do is pay a chump change fine. The very small businesss simply get shut down. The playing field needs leveling.
 
OP
B
Joined
Oct 31, 2012
Messages
33
Reaction score
2
Points
1
Not a chance. Republicans tend to favor VERY big businesses, as in nationwide chains of superstores.

A big factory going into a town will not have to pay local or state taxes. The mom & pop restaurant across the street will get no tax breaks. Hardly seems fair. The factory can better afford the taxes, why don't they have to pay?

As for regulations, the big businesses can afford attorneys that can tie things up in court until the cows come home. If they are eventually found guilty all they have to do is pay a chump change fine. The very small businesss simply get shut down. The playing field needs leveling.

I know how to solve the problem..Don't tax either one of them. As for regulations and leveling the playing field..Get rid of them, that will completely level the playing field. Get rid of all the subsidies, taxes (and tax breaks as a result), regulations and you have effectively leveled the playing field. There are laws that business must follow of course. Fraud and say illegal dumping of toxic chemicals is still illegal. I would like the government to actually prosecute those that commit crimes, another thing they are not very good at it seems.
 

EdwardBaiamonte

Platinum Member
Joined
Nov 23, 2011
Messages
34,608
Reaction score
2,142
Points
1,100
The factory can better afford the taxes, why don't they have to pay?

That is 100% idiotic liberal thinking!! The factory is locked in life and death international competition to have the best price and highest quality in the entire world. Every single penny counts.

I guess the liberal has not heard that American factories are an endangered species thanks to liberal fools!!
 

EdwardBaiamonte

Platinum Member
Joined
Nov 23, 2011
Messages
34,608
Reaction score
2,142
Points
1,100
Not a chance. Republicans tend to favor VERY big businesses, as in nationwide chains of superstores.

too stupid but 100% perfectly libera!! Consumers tend to favor nationwide superstores because they have huge economies of scale that yield lower prices!!! Republicans favor consumers not the stores you liberal so and so!!
 

EdwardBaiamonte

Platinum Member
Joined
Nov 23, 2011
Messages
34,608
Reaction score
2,142
Points
1,100
As for regulations, the big businesses can afford attorneys that can tie things up in court until the cows come home.

of course that's purely idiotic and liberal. If it was true the liberal would not be so afraid to present her most substantive example!!
 

Rshermr

VIP Member
Joined
May 30, 2012
Messages
5,804
Reaction score
287
Points
85
Location
LaConner, WA
Wow, a thread started out by a cut and paste effort from a Cato dogma piece. Can you imagine a more prejudiced source?? Do cons live in a bat shit crazy world of con dogma sites? Yes, of course they do. But if any con out there can show when either: 1. When a bad economy has been helped by a reduction in income taxes, or 2. When a tax increase during a bad economy has made the economy worse. Don't let it hurt your heads. I know you believe you are capable of doing this little exercise. But I am certain you are not.

I should, I suppose, go to move on, get you a quote or two, and start threads with them. But I will not, because as opposed to cons, I have some level of integrity.
 

Rshermr

VIP Member
Joined
May 30, 2012
Messages
5,804
Reaction score
287
Points
85
Location
LaConner, WA
Not a chance. Republicans tend to favor VERY big businesses, as in nationwide chains of superstores.

too stupid but 100% perfectly libera!! Consumers tend to favor nationwide superstores because they have huge economies of scale that yield lower prices!!! Republicans favor consumers not the stores you liberal so and so!!
And there goes ed. Poor guy is a congenital idiot. Can not make a rational argument. But we understand, ed. Your problem is not your fault. You can not help being born the way you were. But please, ed. Get back on your meds. You are embarrassing yourself.

Here. Try to understand your ailment:
A study at University College London in the UK has found that conservatives’ brains have larger amygdalas than the brains of liberals. Amygdalas are responsible for fear and other “primitive” emotions. At the same time, conservatives’ brains were also found to have a smaller anterior cingulate — the part of the brain responsible for courage and optimism.
Study Suggests the Conservative Brain is Less Evolved « Failed Empire
 

EdwardBaiamonte

Platinum Member
Joined
Nov 23, 2011
Messages
34,608
Reaction score
2,142
Points
1,100
Not a chance. Republicans tend to favor VERY big businesses, as in nationwide chains of superstores.

too stupid but 100% perfectly libera!! Consumers tend to favor nationwide superstores because they have huge economies of scale that yield lower prices!!! Republicans favor consumers not the stores you liberal so and so!!
And there goes ed. Poor guy is a congenital idiot. Can not make a rational argument. But we understand, ed. Your problem is not your fault. You can not help being born the way you were. But please, ed. Get back on your meds. You are embarrassing yourself.

Here. Try to understand your ailment:
A study at University College London in the UK has found that conservatives’ brains have larger amygdalas than the brains of liberals. Amygdalas are responsible for fear and other “primitive” emotions. At the same time, conservatives’ brains were also found to have a smaller anterior cingulate — the part of the brain responsible for courage and optimism.
Study Suggests the Conservative Brain is Less Evolved « Failed Empire

inequality:

1) with no fault divorce, feminism, abortion, and welfare liberals have destroyed the American family and created millions of single mothers living on the liberal dole and also millions of young men with no need to work!!


2) at the same time you have liberal unions shipping 30 million jobs off shore with their high prices. We must make unions illegal again.

3) and at the same time you have huge liberal debt so the Chinese and others can buy that debt with their dollars rather than buy our products. We must make debt illegal!

4) oh and lets not forget that liberals let in 10 million illegals to take jobs that would have gone to Americans. We must control our borders again!
 

Nova78

Gold Member
Joined
Dec 19, 2011
Messages
3,312
Reaction score
1,025
Points
200
Location
Colorado
With all the regulations,many businesses will just give up,from being fined,the cost,taxes , and the bullshit ,and of course the Obamacare nightmare,you will need an army of auditors,lawyers,accountants,tax advisors,and a big pile of money just to keep up with all the red tape..... indeed a big cluster fuck...:eusa_shifty:
 

Rshermr

VIP Member
Joined
May 30, 2012
Messages
5,804
Reaction score
287
Points
85
Location
LaConner, WA
With all the regulations,many businesses will just give up,from being fined,the cost,taxes , and the bullshit ,and of course the Obamacare nightmare,you will need an army of auditors,lawyers,accountants,tax advisors,and a big pile of money just to keep up with all the red tape..... indeed a big cluster fuck...:eusa_shifty:
Another profound opinion posted by nova. And why would anyone possibly think that someone would care about nova's opinion. Got some impartial links supporting your drivel?? Oh, damn, forgot who I was talking to. Of course you don't.
 

EdwardBaiamonte

Platinum Member
Joined
Nov 23, 2011
Messages
34,608
Reaction score
2,142
Points
1,100
Got some impartial links supporting your drivel??

Actually the Constitution supports what he says. If you have something against freedom from liberal governemnt why not ask your Mom to help you put it into words. In the process you'll learn a great deal. You know what they say: writing is thinking!
 

Rshermr

VIP Member
Joined
May 30, 2012
Messages
5,804
Reaction score
287
Points
85
Location
LaConner, WA
Got some impartial links supporting your drivel??

Actually the Constitution supports what he says. If you have something against freedom from liberal governemnt why not ask your Mom to help you put it into words. In the process you'll learn a great deal. You know what they say: writing is thinking!
Ed, my mom is no longer with us. I understand that you use yours, probably mostly for hygene issues. But a congenital idiot like you need not feel any shame. You can not help that you are a congenital idiot. Though your mother may have some responsibility.
So, on your attempted sojourn out of idiocy, why not give us all an example of the support of the constitution for nova's drivel. should be entertaining.
 

EdwardBaiamonte

Platinum Member
Joined
Nov 23, 2011
Messages
34,608
Reaction score
2,142
Points
1,100
Got some impartial links supporting your drivel??

Actually the Constitution supports what he says. If you have something against freedom from liberal governemnt why not ask your Mom to help you put it into words. In the process you'll learn a great deal. You know what they say: writing is thinking!
Ed, my mom is no longer with us. I understand that you use yours, probably mostly for hygene issues. But a congenital idiot like you need not feel any shame. You can not help that you are a congenital idiot. Though your mother may have some responsibility.
So, on your attempted sojourn out of idiocy, why not give us all an example of the support of the constitution for nova's drivel. should be entertaining.

why not cut the BS and learn to say what you have against our Founders concept of freedom from liberal government?

See why we are 100% positive a liberal will be slow?
 

Rshermr

VIP Member
Joined
May 30, 2012
Messages
5,804
Reaction score
287
Points
85
Location
LaConner, WA
Actually the Constitution supports what he says. If you have something against freedom from liberal governemnt why not ask your Mom to help you put it into words. In the process you'll learn a great deal. You know what they say: writing is thinking!
Ed, my mom is no longer with us. I understand that you use yours, probably mostly for hygene issues. But a congenital idiot like you need not feel any shame. You can not help that you are a congenital idiot. Though your mother may have some responsibility.
So, on your attempted sojourn out of idiocy, why not give us all an example of the support of the constitution for nova's drivel. should be entertaining.

why not cut the BS and learn to say what you have against our Founders concept of freedom from liberal government?

See why we are 100% positive a liberal will be slow?
Got a link, you stupid clown. You are totally ignorant. You quote drivel and waste peoples time.
In case you have not noticed by now, no one except a few like wise idiot clowns have any interest at all in what you say, as they see you to be an idiot. Quit asking stupid questions, clown. You are truly a waste of space. Even though you are obviously mentally ill, you are a true waste of space.
 

EdwardBaiamonte

Platinum Member
Joined
Nov 23, 2011
Messages
34,608
Reaction score
2,142
Points
1,100
Ed, my mom is no longer with us. I understand that you use yours, probably mostly for hygene issues. But a congenital idiot like you need not feel any shame. You can not help that you are a congenital idiot. Though your mother may have some responsibility.
So, on your attempted sojourn out of idiocy, why not give us all an example of the support of the constitution for nova's drivel. should be entertaining.

why not cut the BS and learn to say what you have against our Founders concept of freedom from liberal government?

See why we are 100% positive a liberal will be slow?
Got a link, you stupid clown. You are totally ignorant. You quote drivel and waste peoples time.
In case you have not noticed by now, no one except a few like wise idiot clowns have any interest at all in what you say, as they see you to be an idiot. Quit asking stupid questions, clown. You are truly a waste of space. Even though you are obviously mentally ill, you are a true waste of space.

why not cut the BS and learn to say in words what you have against our Founders concept of freedom from liberal government. Why not ask your Mom for help. Would she be embarrassed if she knew you tried to hide your ignorance behind violent personal attack?
 

Rshermr

VIP Member
Joined
May 30, 2012
Messages
5,804
Reaction score
287
Points
85
Location
LaConner, WA
why not cut the BS and learn to say what you have against our Founders concept of freedom from liberal government?

See why we are 100% positive a liberal will be slow?
Got a link, you stupid clown. You are totally ignorant. You quote drivel and waste peoples time.
In case you have not noticed by now, no one except a few like wise idiot clowns have any interest at all in what you say, as they see you to be an idiot. Quit asking stupid questions, clown. You are truly a waste of space. Even though you are obviously mentally ill, you are a true waste of space.

why not cut the BS and learn to say in words what you have against our Founders concept of freedom from liberal government. Why not ask your Mom for help. Would she be embarrassed if she knew you tried to hide your ignorance behind violent personal attack?
Ed, you are babbling again. Repeating yourself over and over. Get back on your meds. You need help.
 

USMB Server Goals

Total amount
$191.00
Goal
$350.00

New Topics

Most reactions - Past 7 days

Forum List

Top