this post was submitted on 30 Mar 2024
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What a mystery this is.

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[–] [email protected] 3 points 7 months ago

Hey genius,

Not a genius, just a bit of experience with small non-profits that share commonality with small businesses.

people don't continue on with businesses of zero net.

They absolutely do. A lot of my friends are professionals that run net zero after they pay themselves.

Taxes in many provinces are at the point what would be otherwise profitable businesses aren't worth it, that's why you see so many abandoned.

No, they are abandoned because they failed or the owner didn't want to run them anymore

Taxes aren't just on revenue, they're on every aspect.

Yeah sure, but that has to do with an increase in COGS, not the increase of tax on the business. There as soany impacts on COGS that you can't narrow it down to a single thing. Even large corps switch between vetricalizing and not depending on situations beyond more than just tax.