Show me where in my post I was talking about a "small business loan", "no revenue", and "starting a new business". I was talking about an existing business branching out into a new market. I am not going to repeat myself again.
So you set up two bank accounts and deposit say 30% of any money you would use for your non-business expenses. That money is forbidden. You cannot touch it.
> I believe they are saying that you would have bought the chainsaw, ladder, etc tax-free already, as a business.
Pay attention. With what money? You have no money. ZERO. All your money goes toward your business expenses and the rest goes toward non-business expenses and taxes.
You have no business credit. The only credit you have is personal and that's maxed out.
The overwhelming majority of one-man operations are not drowning in cash.
> A tax break would have absolutely no effect on the ability to afford these things in the scenario you described.
This makes ZERO sense. With a tax break, I can withdraw some of the money from my tax bank account and use it for whatever I want. It is found money. On top of that, spending that money on my business means I have no tax obligation on those found funds.