Income of business owners declines, while salaries increase

[timewo]

According to information provided by the income tax department, the income of business owners in the country has declined rapidly, while the salaries which employees are getting is increasing rapidly. This makes it very risky for citizens to start a business. Is a similar trend noticed in your country?

 

[henrytuedor]

i do not think so the business owners are usually and actually very sharp especially in asia they increase prices of their products and its the customers and employeees who have to adjust while they always keeo gettimg richer and richer .

 

[moseschidera]

This is actually possible especially when the economy of a country is bad. When price of goods all round increases the demand reduces meanwhile the workers will also demand higher pay to keep up with inflation.

 

[eldavis]

Over here while the income has decreased drastically, their salaries still remains the same, making it even harder for people to survive and even live a comfortable life with their families.

 

[timewo]

The main problem which business owners, especially online business owners face is that they are not getting any orders at all. Giving the fake excuse of national security , government agencies are robbing almost all their leads and orders.

 

[cherry123]

Well, I don't think this is happening in my own country though starting a business here is still expensive. But you can get by if you can save your income to start one.

 

[timewo]

Well, I don't think this is happening in my own country though starting a business here is still expensive. But you can get by if you can save your income to start one.

You are lucky that business condition remain favorable. In some countries the largest companies control the government and they are extremely ruthless in their financial fraud, cheating, exploitation, robbery of small online business owners , running a massive SLAVERY, banking fraud since 2010 without being questioned.

 

[cherry123]

That's really bad. if the government are the ones doing this then the masses are massively doomed. maybe it is time that the people takes law into their hands and call these criminals out online

 

[King Belieal]

Why is the business sphere like that? Businesses are supposed to increase pay when revenues increase? Has there been an upwards review in the constitutional minimum wage? If so, government should provide incentives to make businesses have more revenue ànd increase their earnings for the sector to be attractive.