How much does it cost to start a company? Study says $109,016

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  • patriot Cedar Hills, UT
    Sept. 17, 2012 4:38 p.m.

    wait - no one starts a company - the government does that for you remember???

  • Chris B Salt Lake City, UT
    Sept. 17, 2012 4:17 p.m.

    But this $109,016 basically comes from taxpayers, so business owners should not make very much money if their businesses are successful. If the business doesn't work out, the business owner doesn't really lose anything since its basically all funded by the govt and taxpayers, so no need to allow the business owner to keep the money he/she makes. It should be given equally back to the taxpayers/govt who truly started the business in the first place.

    Also, if the business is successful, that automatically means that that business owner is using way more resources and should have to pay more.

    Just as an example, if a person's car does 5 cents of damage to the road when he drives on it, he should pay to repair that 5 cent damamge. However, if that person becomes rich, by virtue of being rich his car now magically does $1 in damage, so we should make him pay 20 times more in taxes than the average person.

    The richest 10% pay 70% of all income tax, which means they are paying for what others use.

    How much $ they make is irrelevant - each should pay for their use.