Black Money Business Jobs : jobs cannot be created when elvated taxes!!

you had tax cuts and low regulation. man up.
High taxes and stiff regulation hurts low-to-moderate income who want to start businesses. When you advocate for high taxes and stiff regulation, you're advocating against Black business owners and potential entrepreneurs.

For example, if you want to start a taxicab business in NY, it will costs you a few thousand dollars to get the car and all of the signage. No, problem, right? Wrong! The license [read: regulation] to drive that cab will costs you another $250,000.

Its no wonder why less than 1% of NY taxicab owners are Black. But in Washington DC, where a cab license only cost $200, 70% of cab owners are Black.

Keep in mind cab owners with a single car only make about $40,000 a year.

So go ahead: Regulate and tax them to death. But when Black entrepreneurship decreases and Black unemployment increases, don't complain.
 
For example, if you want to start a taxicab business in NY, it will costs you a few thousand dollars to get the car and all of the signage. No, problem, right? Wrong! The license [read: regulation] to drive that cab will costs you another $250,000.

The entry fee is so high in order to limit the number of participants in the field.

It serves its purpose quite nicely, don't you think?

$10 the regulation was put in at the behest of those taxi companies already formed prior to the regulation.

Let's call it .... rent seeking behavior.....
 
The entry fee is so high in order to limit the number of participants in the field.

It serves its purpose quite nicely, don't you think?

$10 the regulation was put in at the behest of those taxi companies already formed prior to the regulation.

Let's call it .... rent seeking behavior.....
Anything that limits competition is anti-competitive. Anti-competitive practices hurt consumers, which most of us are.
 

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