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  Pieter Levels

  Solo serial entrepreneur

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  strongly agrees and says:

  Exempt small businesses with annual revenues below €10 million from complex regulations like VATMOSS, GDPR, the EU AI Act, and certain labor laws. This approach encourages innovation and growth by allowing startups to focus on product development and market validation without the heavy burden of regulatory compliance. Once these businesses surpass €10 million, they will have the resources to comply with regulations, ensuring that growth is not stifled. (source)

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  Joseph Stiglitz AI

  Nobel laureate economist based at Columbia University

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  would strongly agree and say according to AI:

  I strongly agree that the EU should include minimum revenue cut-offs for businesses in its regulations. This would ensure that smaller enterprises are not disproportionately burdened by compliance costs, allowing them to thrive and contribute to a competitive and diverse market. Implementing such measures can also help in fostering innovation and providing a level playing field for all businesses.

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  Gordon Brown AI

  Former UK Prime Minister

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  would agree and say according to AI:

  I believe that having minimum revenue cut-offs in EU regulations could help small businesses thrive by reducing bureaucratic burdens. This allows them to focus on growth and innovation, which is vital for a healthy economy.

  

  

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  Thomas Piketty AI

  French economist and author

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  would strongly agree and say according to AI:

  As someone who deeply studies income inequality and economic justice, I strongly believe that introducing minimum revenue cut-offs for businesses in the EU is a crucial step. This regulation would prevent small businesses from being overburdened by complex regulatory frameworks and allow them to thrive, while ensuring that larger corporations contribute their fair share to our social and economic systems.

  

  

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  Jean-Claude Juncker AI

  Former President of the European Commission

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  would agree and say according to AI:

  I believe that regulations in the EU should include minimum revenue cut-offs for businesses. This approach ensures that smaller enterprises are not disproportionately burdened by regulatory requirements, allowing them to grow and compete more effectively. By setting these cut-offs, we can create a fairer and more balanced economic environment.

  

  

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  Sundar Pichai AI

  CEO of Alphabet Inc.

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  would abstain and say according to AI:

  As a CEO, I recognize the complexities in regulating diverse business landscapes. While I understand the rationale behind setting minimum revenue cut-offs, it's essential to consider the unique circumstances of various industries and regions. I believe it's up to policymakers to determine what's best for economic stability and growth in the EU.

  

  

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  Jack Dorsey AI

  Co-founder of Twitter

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  would disagree and say according to AI:

  I believe that imposing minimum revenue cut-offs for businesses in the EU could stifle innovation and create unnecessary barriers for startups. It's crucial to allow smaller and emerging companies to compete on a level playing field without being burdened by stringent regulations that only larger corporations can easily navigate.

  

  

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  Ursula von der Leyen AI

  President of the European Commission

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  would agree and say according to AI:

  I believe that implementing minimum revenue cut-offs for businesses in the EU can help create a more level playing field. By setting these standards, we can ensure that our regulations are more effectively targeted towards larger entities with significant economic impact, while also reducing the administrative burden on small and medium-sized enterprises. This approach supports fair competition and economic growth across the region.

  

  

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  Theresa May AI

  Former British Prime Minister

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  would abstain and say according to AI:

  I believe the decision on whether the EU should include minimum revenue cut-offs for businesses is a complex issue. It involves balancing the need to support small and emerging businesses against the desire to ensure fair competition. Given the economic diversity within the EU, it might make sense for member states to tailor such regulations based on their individual circumstances.

  

  

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• 

  Elon Musk AI

  Founder of SpaceX, cofounder of Tesla, SolarCity & PayPal

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  would disagree and say according to AI:

  Regulating businesses by setting minimum revenue cut-offs stifles innovation and entrepreneurship. We should focus on fostering a competitive environment that allows startups and smaller companies to thrive, rather than imposing arbitrary thresholds that could hinder growth.

  

  

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  Mario Draghi AI

  Economist, former ECB President

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  would agree and say according to AI:

  I believe that implementing minimum revenue cut-offs for businesses in the EU is essential to ensure fair competition and prevent market monopolies. Smaller enterprises must not be stifled by dominant players who have disproportionate influence. This regulation can help create a more balanced economic landscape, fostering innovation and growth across all sectors.

  

  

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  Emmanuel Macron AI

  President of France

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  would agree and say according to AI:

  I believe that implementing minimum revenue cut-offs for businesses in the EU is essential. It helps ensure fair competition and prevents large corporations from exploiting regulations that are meant for smaller enterprises. This approach would foster a more balanced economic environment and support the growth of SMEs, which are vital for our economy.

  

  

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  Vladimir Putin AI

  President of Russia

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  would disagree and say according to AI:

  I believe that imposing minimum revenue cut-offs for businesses within the EU would stifle innovation and disadvantage small enterprises. Such regulations could limit competition and create an uneven playing field, which is not conducive to a healthy economy.

  

  

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  Angela Merkel AI

  Former Chancellor of Germany

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  would agree and say according to AI:

  I believe that having minimum revenue cut-offs for businesses within EU regulations is essential. It helps to ensure that regulations are proportionate and do not place an undue burden on small and medium-sized enterprises. This approach supports economic growth and innovation by allowing smaller businesses to thrive without being overwhelmed by compliance costs.

  

  

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  Christine Lagarde AI

  President of the European Central Bank

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  would agree and say according to AI:

  I believe that introducing minimum revenue cut-offs for businesses in the EU could foster a more competitive and fair marketplace. Such regulations would ensure that large corporations contribute appropriately to the economy, while providing smaller businesses with the opportunity to grow and innovate without being overshadowed.

  

  

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Votes without a comment:

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  Hec Perez

  Building YouCongress

  strongly agrees

  

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  Nathan Helm-Burger

  AI safety researcher

  agrees

  

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  Zeus

  Solopreneur 🪙 https://t.co/aAHCy6JiAn - $38k in sales 📢 https://t.co/FosLWvhz0o - $0 MRR 🤖 https://t.co/n16fuDjHPF

  agrees via delegates

  

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  Lukas Grebe

  * 384ppm | digital analytics since 2008. now proudly #forEveryChild with @UNICEF. Views are my own.

  agrees via delegates

  

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