Small Business is what makes Small Towns…GREAT
Posted: August 6th, 2008
Category: Canton Real Estate, Marietta Real Estate, Woodstock Real Estate
Small Businesses and the value they add to the US Economy is often overlooked and under-appreciated. Entrepreneurship is an American Dream, to start your own business and make a difference in your life as well the lives of others. It’s too bad that the government regulations make it difficult to start a company.
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Mark Cuban, of whom I’m a big fan, recently had an idea to jump start the economy…
If you want to see an immediate re invigoration of the economy, open the door back up for individual entrepreneurs to enter the real world without fear and without an immediate financial burden that pre empts their ability to be successful.
If we really want to stimulate job creation in this country, take the same approach to small business with 25 or fewer employees that we take to Internet taxes. Outlaw them.
No taxes of any kind on small businesses with 25 or fewer employees. No employer payroll tax. No state or local taxes. No taxes on earnings. Nada. The business owners will pay income taxes on their personal income they pay themselves, but not corporate earnings.
Mark goes on to make some really great points…
Not only would we see hundreds of thousands of new businesses started seemingly overnight, with millions of new hires, but from those new businesses would come new ideas that hopefully would give us our next “Internet”, an engine for economic growth that super cedes today’s ideas.
In today’s climate, its politically expedient to volunteer taxpayer money as a solution to all problems. That’s wrong. Instead, we should open the door to our country’s Intellectual capital and the entrepreneurial energy that separates us from the rest of the world. Make it easy for entrepreneurs to do what entrepreneurs do, and great things happen. Voters and politicians alike seem to have forgotten what has made this country an economic powerhouse.
Here at Maxsell Real Estate we believe in supporting local businesses first. In fact, we believe so strongly that local businesses and their owners are what makes our local small towns great! So, in order to help promote local businesses, we have created a way for each small business owner to advertise to our subscribers and weekly visitors by completing our BizMax questionnaire. We will take these results and create a story featuring your company on our website for FREE.
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