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.
Government should be run like a business
Posted by ShawnHessinger under NewsFrom http://www.purevc.com 5402 days ago
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“Rachel: Great to hear! Thanks for your kind words! :)
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Martin...”
“Thank you, Martin. That's a fantastic motto... and I couldn't agree more!...”
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“For sure, I know I did years ago when I was working for others....”
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5401 days ago
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.