Why is Socialism bad for business?
The answer is multi-faceted, but here are a few reasons that come to mind:
1. When the government so regulates your business to the point that you cannot move.
2. When Government takes over your business and puts its own people in charge. (a.k.a GM)
3. When Government Loans you money, they own you. (Bailouts)
4. They run a business that competes with you and they don't tax their business, but they tax yours. (Unfair Competition)
5. They require you to pay for health insurance, from a program they administer. (Forcing you to do business with them.)
6. Because of all of these government programs, Government raises taxes.
7. Consumers pay these higher taxes, and medical premiums and can't buy any goods and services they need from your business. (No Customers)
And there are probably many more reasons to reject socialism.
No comments:
Post a Comment