Most would be still profitable if they paid all due taxes. The problem is that, in many of them, it wouldn’t worth the hassle.. long hours, wearing multiple hat

Most would be still profitable if they paid all due taxes. The problem is that, in many of them, it wouldn’t worth the hassle.. long hours, wearing multiple hats to make ends meet, hard to disconnect, etc. Most small businesses aren’t fed by VC nor expect an exit. Most are just mundane and boring activities where people expect to receive a premium over a regular job. Or that or they close. Tax avoiding, in many cases, seems to be the path to get there.