“I am retiring and trying to start a new business. The various governments make it nearly impossible to comply with the rules regulations and permitting.”
My mother is 93. I asked her how her father prospered during the ‘30’s. She ticked down the list of jobs and ventures he worked at, all as his own boss. Installed plate glass, moved pianos and safes to third floors, tore down and rebuilt houses onto different lots, started and operated a music store, an antique store, built buildings and rented them...If you start adding up the cost of government fees and permits, regulatory requirements, certifications, insurance, taxes, legal liabilities and environmental impact statements you quickly realize how limited we are today by our government. Federal, state, county and city all want a piece of you and they want it up front in most cases before you’ve ever made a dime. There was even a recent proposal to tax us all $800 a year on our supposed use of the underground economy.
You can’t even legally hire somebody to work on your house because they must have insurance, a business license and pay unemployment insurance. You must pay them on a 1099.
It’s time to undo all of that and start over.
Can you imagine how I felt after spending 20k of my savings on a boat to get the license and find out I could only sell fish unfit for consumption?? And all this was done by the BIG HERO Jeb Bush...Phooey!