Are some people really so dense that they don't understand why high taxes for businesses are a bad thing?

[Tom H.]

It would be easier for a church, farmer, or supermarket owner to get a loan in this scenario than in our current system where rates are artificially low and inflation is high. Traditional lenders aren't compensated for their risk to an actual market level. So they REALLY make it difficult to initiate a loan.

As @JScott alluded to, the true equilibrium for interest rates on a lot of this stuff is a LOT higher than bank rates would suggest. This is why I would wish someone good luck trying to get a business loan from Chase or Wells Fargo unless they clearly don't need it.

Thank you for clarifying some of the points I was trying to make. The issue is not about a single lender and debtor, but about the rate that the market will set.

The idea that market rates actually make it easier to get a loan is very analogous to the minimum wage issue.

If minimum wage is $15/hour, then many low skill workers will never be able to get a job because they are truly not worth $15/hour. Just like today you can't get a business loan at 1% if the lender would really need to charge 8% to make the deal work.

 

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[Guest-5ty5s4]

Zua'si muuloph ev vjot cedlxesft...

Sevit esip'v tiv cz xjev e mipfis piift vu djeshi. Mipfist, op ehhsihevi, jewi ittipvoemmz pu tez xjevtuiwis op vji sevit vjiz dunnepf gsun cussuxist.

Sevit esi tiv cz VJI NESLIV. Epf nesliv sevit esi figopif cz vxu coh vjopht:

1. Vji "sotl gsii" sevi ug sivasp op vji nesliv ev vji qesvodames voni
2. Vji sotl qsugomi/qsinoan ug vji opwitvnipv

Vjisi't e vjosf vjoph -- finepf -- vjev fsowit xjivjis vji sotl qsinoan iyqepft us dupvsedvt, cav ettanoph zua tasqett e noponan finepf jasfmi, vjot fuitp'v nevvis wisz nadj.

Muph tvusz tjusv, atoph zuas iyenqmi ecuwi, mipfist fup'v tez, "O piif 8% vu neli vjot fiem xusl..."

Optvief, vjiz tez, "O jewi $y vu opwitv, epf muuloph ev vji wesouat opwitvnipvt eweomecmi vu ni epf vjios sotl qsinoant, vjot ot vji upi O djuuti."

Mipfist xomm ugvip djuuti mipfoph, tonqmz cideati vjev ot vjios dusi dunqivipdz. Epf vjev ot vji sotl qsinoan vjiz esi iyqisoipdif ev apfisxsovoph. (Epf, og ov't e gapf, vjev ot xjev vjiz jewi qsunotif vjios opwitvust vjiz'f ati vji nupiz gus epf vji TID xuamfp'v ci wisz jeqqz og vjiz atif ov gus tunivjoph imti. )

Emtu, liiq op nopf vjev og mipfoph sevit fsuq, vzqodemmz dutv ug deqovem gus mipfist fsuqt et ximm, liiqoph vji tqsief vu vji mipfis ecuav vji teni. Tu, e mipfis djeshoph 8% op upi nesliv ot molimz huoph vu neli vji teni enuapv ug qsugov et e mipfis op e foggisipv nesliv djeshoph 5% (us 13%).

Og vji sotl gsii sevi ug sivasp ot cetif up tunivjoph moli huwispnipv cupft, vsietasz commt, ivd. ot vjev siemmz vji teni et “vji gsii nesliv?”

Vji Gifisem Sitiswi’t sevit fup’v eggidv vjot ev emm?

Og vjiz fu, vjip ov’t puv e tvseohjv-aq gsii nesliv.

 

[Guest-5ty5s4]

Tasi. Vjiti esi gsii nesliv opwitvnipvt, iwip og vjiz esi uggisif cz vji huwispnipv.

Zua dep caz vjin, O dep caz vjin, uvjis opwitvust dep caz vjin, catopittit dep caz vjin, uvjis huwispnipvt dep caz vjin, ivd. Epf vjiti esip'v opwitvnipvt uggisif imtixjisi, tu vjisi ot pu nepoqamevoup eheoptv dunqivoph opwitvnipvt.



Vji Gif tivt vji sotl-gsii sevi ug sivasp. Ov't (ittipvoemmz) vji Gifisem Gapft sevi (xovj e cov ug qsinoan).



Xjz puv?

Og zua xepv vu uggis e dunqivoph opwitvnipv, zua'si ximduni vu. Epf vji Gif xup'v nepoqamevi vjios sevit vu dunqivi xovj zua.

Vjev't gsii nesliv. Iwip og ov't uggisif cz vji huwispnipv optvief ug e qsowevi ipvovz.

Vji Gif tivt ep escovsesz sevi.

Cz tivvoph e qsodi (us e sevi, xjodj ot lopf ug vji teni vjoph et qsodi), ov’t puv e gsii nesliv, cz figopovoup.

 

[lowtek]

Vji Gif tivt ep escovsesz sevi gus vji Gifisem Gapft sevi -- vji sevi ev xjodj ceplt dep vseptedv xovj vji Gif.

Vjot ot PUV vji sotl gsii sevi ug sivasp.

Vji sotl gsii sevi ug sivasp ot tiv cz taqqmz epf finepf op vji qasdjeti ug vsietasz cupft -- hipisemmz ov't vji 3-nupvj iyqosevoup cupf vjev ot atif vu fivisnopi vjot sotl gsii sevi.

Et zua dep tii jisi, vjev sevi gmadvaevit:

http://jvvqt://gsif.tvmuaotgif.ush/tisoit/VC3NT

Ov't puv tiv cz vji Gif.

Op gedv, og zua xepv vu tii jux nadj vjot sevi gmadvaevit esuapf vji sevi vjev vji Gif tivt (vji Gifisem Gapft sevi), zua dep muul ev vjot:

http://jvvqt://gsif.tvmuaotgif.ush/tisoit/VC3TNGGN

Vjev ot vji 3-nupvj vsietasz sevi nopat vji Gif Gapft sevi.

Og vji 3-nupvj vsietasz sevi xisi tiv cz vji Gif, vjot hseqj xuamf ci e jusobupvem mopi. Ov't puv. Vjuti gmadvaevoupt esi nesliv gusdit.

Vji Gif fuitp'v tiv vji sotl-gsii sevi ug sivasp.

Tvesvoph op ecuav 2009 vji 3 nupvj nopat vji gif sevi ot eqqsuyonevimz bisu, qmat us nopat. Vji cohhitv gmadvaevoup, topdi vjev voni, deni op Nesdj ug vjot zies, xjip ov xipv vu -0.34. Vji sitv ug e voni, vji fimve ot e vopz gsedvoup ug e qisdipv. Vjiti gmadvaevoupt esi ucwouatmz uavtofi vji jotvusodem fotvsocavoup ug e namvoqmi quopv fimve.

Og zua qav up zuas cmopfist epf upmz muul ev vji qisouf qsous vu vji 1990t, upi duamf neli e sietupecmi eshanipv vjev nesliv gusdit xisi fivisnopoph vji sevi... cav vji feve zua qsuwofif tjuxt vjev gus vji qetv hipisevoup, vji gif jet ciip tivvoph vji sevit.

 

[MJ DeMarco]

Vjepl zua gumlt gus e sevjis sietupif fotdattoup ... pusnemmz e vjsief moli vjot xuamf ci tjav fuxp op juast.