posted on Jun, 8 2012 @ 11:30 AM
reply to post by Cassius666
The regulatory, licensing, and taxing policies on a large corporation are a lot more relaxed. A small business requires a lot more licenses and a lot
more regulation, and they typically cannot take advantage of the tax loopholes. The larger corporation is exempt from many of the same regulations,
and they can afford to "shelter" their income in many ways.
The unseen costs for a small business are enormous. Things like unemployment insurance, and workers comp insurance percentages are many magnitudes
higher than what a corporation pay.
This issue came up recently at a meeting I was in for work, when we realized the legislature had created a law that would cost thousands of dollars
per year to small businesses, and create a much more difficult time complying with the regulations in the law, but they specifically wrote in an
exemption for large corporations with a certain amount of assets. Thereby creating a playing field that fosters the large corp and drives out the
Lets not forget about "too big to fail" and ease of available credit, and grant money that also favor the large businesses over the small.
If you want to go out and start mowing lawns here in my town, you will need 4 licenses plus additional DOT registration, plus Liability Insurance, and
if you have more than 1 helper, you will need Workers Comp insurance, and you will set off many triggers that will get you audited for sales tax,
immigration, hazardous waste disposal, transportation of hazardous materials, operating a business out of a home, income tax, etc., etc. You will
get almost daily calls from government officials for the first 2 years you are in business.