Good News for Entrepreneurs or Just Better Tax Collection?

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Free CAC registration for 250,000 businesses sounds good on paper, but does anyone else think this is just a way to get more small businesses into the tax net later? Today it's "register for free," tomorrow it's new levies, more compliance costs and more agencies knocking on your door. If the goal is to help entrepreneurs, shouldn't the focus be on making it cheaper to actually run a business instead?

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Replying to ifiokambrose: "Formal registration does have benefits like access to loans, grants and bigger contracts, but many small businesses say they rarely see those..."
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That's why people are skeptical. The obligations usually come immediately, while the promised benefits either take years or never materialize.

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I don't think registering a business automatically means higher taxes. The bigger issue is trust. Business owners want assurance that this won't become another avenue for more levies from different government agencies.

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