#41 ·
Gregory Peterson2 said:Look, I know exactly what we need. I’ll give you a real-world example from my own life. I just launched a small manufacturing startup. It’s still in the "diapers and wipes" stage—very early days—but hey, I’m out there making moves! And honestly, the feedback so far has been incredibly positive.
The real headache for me right now is the massive amount of money being handed over to the government through taxes and those payroll contributions I'll be needing very soon. In this early phase, I'm pouring everything into heavy machinery, equipment, raw materials, plus dealing with sales and marketing hurdles while trying to get the wheels turning. It feels like running a marathon with a backpack full of bricks. I truly believe it would be a game-changer if the government just stayed off my back for at least two years. Imagine if a new business was totally exempt from all federal and local taxes during that window. It’s nearly impossible to hire your first employee when you're already struggling, only to hand almost their entire paycheck straight back to the IRS.
I really think that kind of move would supercharge the economy. Just let new companies and entrepreneurs breathe for a little while! Let us build some momentum, earn a profit, and actually feel the win of our hard work... then they can come knocking for their cut later just like everyone else. But when they start squeezing you from day one? That’s when they turn a difficult start into a total disaster. If I go under because of the overhead, then all they'll have left is $0.00 of me.
Exactly. With this many unnecessary burdens during a recession, you practically have to be a madman to start any kind of business. Personally, I'm hoping this current ballot initiative gives us some hope that someone might push for something similar—like eliminating industrial electricity rates for small shops like hair salons, florists, or cafes, or getting rid of those parasitic chamber of commerce fees. If we can cut out the parasites, then maybe there's hope. Otherwise, we're just waiting for the government to steer entrepreneurs straight into an abyss.