Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I thought we were referring to legitimate businesses and entrepreneurers. The only people that I know that get "all their money in cash" are drug dealers, strippers and illegal aliens that mow lawns for cash.
Cash transactions when running a business still need to be declared as income as far as the IRS is concerned, so any guy that has a lawn mowing company "venture" and does not report the income is committing tax fraud and evasion.
Where do you draw the line between a kid selling lemonade, on up?
Yeah this study seems like it would make a lot of sense.
This is so true but depends on how resourceful the individual is and what level of expertise they may/may not have entering into a business. We are fortunate these days to have the internet and so many tools at our disposal to communicate.
My wife is retiring due to her company moving out of state. We have just spent the past couple of days setting up a DBA with the county, setting up a website domain, email and basically just setitng up the business with little overhead.
Is there a 'guarantee' she will make x amount of dollars per year? Of course not. But thats not the point of entrepreneurship, otherwise everyone would be doing it.
I always pay for legal people for lawn mowing and don't believe in paying 20 bucks every two weeks for illegals. Unfortunately, the city turns a blind eye, not to mention the IRS.
I've also seen illegals fixing fences, on both sides of our houses.
Also there are dish washers and maids who work for cheap labor at restaurants and motels. I guess the motel maid thing was argued that motels would go out of business or something unless they had illegals.
Until and unless the first sentence in the first section of the 14th is somehow dealt with in a meaningful
way... EVERYTHING else that alleges to be about stoppng that problem is a complete and utter joke.
And just so you're REAL clear on the issues... it's NOT new and TEXAS is at the heart of the problem.
It shares that with burden with the other border states.
Quote:
We say to impoverished Mexicans, “See this river? Don’t cross it. If you do, we’ll give you
good jobs, a drivers license, citizenship for your kids born here and eventually for you,
school for said kids, public assistance, governmental documents in Spanish for your convenience,
and a much better future. There is no penalty for getting caught. Now, don’t cross this river, hear?”
How smart is that? We’re baiting them. It’s like putting out a salt lick and then complaining
when deer come. As parents, the immigrants would be irresponsible not to cross. Source
The same thing happened in the 70's recession in which the small business boom started.Even after the great depressio individuals stepped up and adapted to the changes.
My dad, many years ago, hired a couple of Mexicans because they were doing a good job and they were good people. He got the green cards for the family, and fixed it so they had Social Security cards. Everything was on the up and up.
Why is it considered positive for more people to own a small business?
Don't most small business fail within a year?
More importantly,if they fail,who pays back the loaned money?
Wouldn't a high failure rate for small businesses hurt banks?
If a business fails, the assets are liquidated and the debts are paid off. Successful banks only invest in businesses that are likely to succeed. It's a matter of assessing risk.
Many businesses don't require much capital, so this is often not an issue.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
