Business Opportunities Weblog

The Myth of the Working Poor

By on November 6, 2004 in Ideas

Chuck Huckaby: “Could it be that if there were fewer taxes, fewer barriers to business ownership, fewer regulations, that people would actually have more money to enjoy?”

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Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.

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  • http://dhawalshah.blogspot.com Dhawal Shah

    The answer is definitely NO, with lesser taxes to pay, the poor are left with a higher disposable income to spend, and most of the times due to no financial discipline, they end up with more liabilities. They are worse of then what they were before.

  • http://sdfromthetrenchese.blogspot.com Brian Yamabe

    Dhawal,
    Your answer smacks of the American political left. Average citizens can’t be trusted. Only the elite/government know what to do. If you’re given more freedom you’ll only mess it up. What a positive and uplifting message.

  • http://www.1st-workfromhomejobs.com Chuck

    Dhawal,

    Thanks for adding the fact that the barrier to the poor is their own failings. No government program can over come them.

  • danakeith

    yes exactly, that would be better.. but sometimes, regulations were need to be imposed coz in that way, we able to recognize our limitations.

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