doublegunshop.com - home Forums General Discussion DoubleGun BBS @ doublegunshop.com Trump 2016 Wahooo! It's a lock.

One of the major problems is going to be getting businesses to open up where there are high numbers of unemployed. Why would a business open in a high tax area where the political structure is dependent on the votes of people who receive government assistance. Often, and this has happened in my area, is whenever there is a tax reduction at one level of government, another level raises taxes to make things "revenue neutral". Heavily Democrat areas are going to do this in order to keep their base dependent. People are going to have to move to realize any real economic gains.

Generally, the business unfriendly communities are the same ones that're wondering now if they're going to loose federal funding. There's some money that a small business, through incentives, can probably put to better use than the mayors of sanctuary cities. There have also been many ideological scams like the solyndra failure. Maybe another source of incentive funding at a tiny fraction of what the current admin is happy to pee away. It may not be the worst idea in the world to have inner city employers as part of a motivated ground game for future elections.

What Federal Funding do these business's get that they may lose? How bout some specifics? Like funding source, type of funding IE: Loans, grants?

Not following here LD, probably thinking about different thing.

First line in your last post..What does that mean?

Ken said there's little incentive to start a business in a dem city that has been wrecked by policy, including high taxes.

Fed grants are sent to many cities, not businesses, to let their politicians use most any way they want.

A campaign position and something wall to wall in the news right now is the possibility of withholding these grants from sanctuary cities.

Sanctuary cities are generally the same places that dems are running into the ground with policy, regs and taxes.

If that money does turn out to be withheld from the mayors of some of these cities, the new admin could direct it towards incentivising small business start ups in the worst of the worst cities.

Incentives could be in the form of loan or loan guarantees, but might also be in the form of tax considerations to help offset state and local taxes.

I would think that small business owner would work like a slave, for their business. When election time comes around, these business owners may have an interest to continue in a business friendly environment.

OK, gotcha..My reason for asking was, My wife and I shared the office of Director of Economic Development for this part of Kansas for quite a long time. We were trying to figure out what kind of Federal aid was going out to business's that could be withdrawn. Block Grants are usually competitive and often carry so many conditions they aren't worth competing for. Tax credits are kinda iffy because in most cases they offset income that a new business doesn't have. There used to be a brisk business in selling the credits at a discount to a company that could use it, but I think that got shut off. Small business really doesn't get much help from the Gummint..BUT who does..?

Cutting regulations and reducing the business tax will go a long way as far as enabling existing businesses to hire more people.

People looking at areas to start new businesses will, if they have a choice, pick the most economical place to do it.

My State has long been at the bottom for "business friendly" environment, although that may be changing. The Republicans now, as of the election, control all branches. Since we're one of the highest tax states (as a percentage of income) we're losing population. Hopefully things will change. I've always said that my state would be a disaster if farmers could pick up their land and move.

You sound way more up on the issue than I'll ever be. I don't believe a successful economy can be bought. I think most lousy economic situations have folks in those communities that would take an opportunity and run with it if they could.

I don't think it would be easy. I'm pretty sure it's easy under the current admin to pour billions down the drain with, I can't think of any thing to show for it. The middle men, mayors, of these cities will continue to be all that they can be. Someone should try to cut out the middleman.

Yeah,

Just what have we gotten for an extra 11 Trillion in debt? I have no idea.