James Chen, a venture capitalist and blogger at Pure VC, suggests that government should be run like a business, especially in economic hard times. Unfortunately, he says that both the state government in California and the U.S. federal government have chosen to do what businesses know is unwise, trying to raise revenue either to cover budget deficits or new programs by squeezing customers (taxpayers). The article is interesting because of the way James reduces current government policy to analysis under simple business models, including the way you might run your own small business.

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Written by lyceum
5336 days ago

Government should stay out of business. Let private business take care of the (laissez-faire) market. The state should protect the rights of the individual, by proving a police force, a military defense and a court system based on objective laws.

I have been a favor of flat tax as the author, but nowadays I think it is better to have some kind of consumption tax and then phase out today's wide range of different taxes.



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!