The Economic Engine of Home-Based Business

Chris Edwards, Director of tax policy studies at the Cato Institute, delves into the world of home-based businesses. He highlights that nearly half of U.S. businesses are home-operated, yet local regulations often stifle their potential. Chris discusses the economic advantages for cash-strapped entrepreneurs and points to famous companies that started in garages. He critiques varying state regulations on home food production, advocating for streamlined rules that encourage rather than hinder entrepreneurial growth.