Philadelphia Code Works

I recently started a software company called Philadelphia Code Works with 2 other developers. If you or your company have an idea for an iOS, Android, or Web application, need on-going software maintenance services for an existing product, or need to update an existing mobile or web application we can help! Feel free to use the Contact form on our web site if you have a project in mind or questions. Thanks!


Taxes, Universal Healthcare, and Entrepreneurs

There was a lot of discussion in last night's presidential debate about how lower taxes will help to generate jobs. I keep hearing this mantra over and over again and it drives me crazy because I don't think it is based in any type of reality.

I spend a lot of time thinking about leaving my current job to start a company, therefore becoming a job creator. At this point in my life this is the one thing I am positive that I want to do. Why haven't I made the jump? Is it the unfair tax burden placed on entrepreneurs? Absolutely not. I already do some contract work and I'm actually used to being taxed at the super-high rate of someone that is self-employed. In addition, the tax code is a known quantity. I can work with an accountant to minimize my tax burden within those rules. Would it be nice if taxes were lower? Sure, but it would also be nice if I were in Guided By Voices.

What keeps me from starting my business is healthcare. I need healthcare. I have a family and want them to have the best coverage possible. The same coverage I get from my employer today would probably cost well over $25,000 per year if I were able to buy it on the open market. I'm not even sure if I could get insurance on the open market because it seems like even the smallest medical condition can be considered a pre-existing condition. The older I get the harder it is to take the risk of not having healthcare.

I believe universal healthcare would do more to create jobs than tax reductions. Universal healthcare would empower more people to start their own businesses without the concern of being ruined by a medical emergency (like spending $23,800 for a bug bite).

Can the government afford universal healthcare? Probably not. Would it mean cutting a lot of existing government programs to make it happen? Probably. The government is here to protect us from external threats, that's why we have a military. I think universal healthcare is an extension of that charge as it protects us from internal threats. How is a mutated gene, or a virus, any less dangerous than a terrorist?

Lowering taxes will only result in increased profit taking if businesses don't feel good about the current national economy. At least from the entrepreneur's perspective, universal healthcare could create a secure personal economy that could lead to a massive increase in new businesses and future hiring.