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I like this idea. But, what I see happening with this structure is businesses growing up to the cut off and not taking any further measures to grow. For some
by tastyfreeze 6y ago
I like this idea. But, what I see happening with this structure is businesses growing up to the cut off and not taking any further measures to grow. For some businesses that will be just fine. Not everybody wants to grow a multi-million dollar business. For those that do want to grow this becomes something like the welfare cliff.
- bitcurious 6y agoUnlike taxes/benefits, I don’t think you could scale regulations linearly - at some point there has to be a cliff. I wonder if a solution could be a time-offset cliff. I.e. regulations apply five years after hitting a revenue threshold, at which point you either grow past the cliff or fall under it.
- tastyfreeze 6y agoAn alternative is changing requirements to recommendations allowing businesses to compete on equal ground. The recommendations become a guide to making a consumer friendly business. Let the business decide if they want to implement recommendations to reach a broader market. Some requirements, that protect the commons, are necessary. Things like "you can't dump gasoline in a river". Requirements necessitate enforcement which costs the citizens money and compliance which costs businesses money. Money that could be put back into the economy instead of evaporating in the government machine.
- gowld 6y agoSo? It takes a billion dollars of funding to get an IPO, but it is still extremely popular. A business is not like a single employee. Anyway, its simple if have regulations step up with growth over many small steps, as they already do today.