Submitted by Lilslugga2002 t3_10xg6i1 in massachusetts
IamTalking t1_j7u78br wrote
Reply to comment by jeremiah-flintwinch in IRS May Tax Massachusetts Refunds Sent In 2022 Under 62F Law by Lilslugga2002
Sounds like the system is working quite well then if despite those challenges and risks, so many businesses exist
jeremiah-flintwinch t1_j7ucup4 wrote
I see your point, and I agree that this is essentially market forces squeezing out less fit businesses, which is sort of a good thing. But on the ground, what that translates to is that becoming a small business owner feels like it’s no longer a pathway to the middle class for a lot of folks in this state. A generation or two ago, anyone with the organizational skills and gumption to start a business had a fair shot. The odds are just much worse now.
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