My first instinct is to say “Obviously not!”. However, with just a bit of thought on the matter, we can clearly see the slippery slope of even juvenile capitalism wholly unregulated. How long before there are absolutely no businesses run by adults? Your tax accountant’s business is in their kid’s name. No licensing or permits required, no taxes owed, but they still charge you $400 for an hour of their time.
Hell, drug dealers and bookies have been utilizing children to circumvent the law for generations, because even when they outright break the law, most states are extremely lenient with juvenile offenders.
Really think about it before you respond. Should children’s entrepreneurial endeavors be wholly unregulated? If not, should they be held to the same standards as adults? If not, how do we keep greedy adults from taking advantage of the loopholes in the system?
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