Quote:Oh please, those regulations are not killing small businesses!!  It may be a little extra paperwork but no businessman I've dealt with ever said these filing requirements are making them un-competitive.  That's total hogwash.  The paper work is an added expense at most, but to think that additional paper work (which only occurs after you have 50 employees) is causing harm to small businesses is just not true---  And really lazy economics!!!

 

From a micro economic and macro economic standpoint, the problem small businesses have, as I said earlier, is that deregulation has created oligopolies in almost every industry.  Do some reasearch on oligopolies.  Once a market/industry reaches this level, the squeeze on small companies pushes them out.

 

That's just the facts, friend.  If you want to whine and complain about paperwork, go for it.  But you don't understand businesses if you think that what makes or breaks a business is their federal filing requirements.  

 

Obviously you didn't read the links that I provided.  The part in bold, specifically the number of employees is simply not true.

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Economists believe that regulation hurts small business in four ways. First, as Nicole and Mark Crain of Lafayette University explain, regulatory compliance exerts a disproportionately large burden on small companies because the fixed costs of adhering to rules can be spread out over more revenue in large firms than in small ones. Crain and Crain estimated the per employee cost of complying with Federal regulations at $10,585 for businesses with fewer than 20 employees but only $7,755 for businesses with more than 499 workers.

 

More from the article in the second link that I provided.

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Fourth, new regulations often have unintended consequences. Consider the new health care law, which requires businesses to file 1099 forms for all payments to a single payee exceeding $600 per year beginning in 2012. The effort to increase health insurance coverage has resulted in an unrelated tax filing that imposes heavy compliance costs on small business owners, an outcome that even surprised many in Congress who voted to pass the law.

 

Face it.  Heavy federal regulation hurts small business.  Your misleading title says that Trump wants to "ban all financial regulation".  That's simply not true based on the article from YOUR OP.  I simply took a few bullet points out of the article that YOU POSTED to back your false claim
, and showed that there was nothing in there supporting neither the topic title, or the subject of YOUR OP (you know, your claim that Trump wants to completely deregulate Wall Street).

 

You accused me of deflecting from the subject of this thread, and once again I've done nothing of the sort.  You saw an opening to talk about one of the bullet points that I pointed out from the article that YOU POSTED to try to change the topic of conversation.  It has nothing to do with your OP.  I would call that a deflection.

 

The topic of this thread and YOUR OP is all about Donald Trump wanting to ban all financial regulation and completely deregulate Wall Street.  However, you have posted nothing to back your topic title up or your OP.

 

We could keep doing this, or you could concede the fact that your liberal talking point(s) (the topic title and your OP) are false.

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