I don't think that it's that simple. I'm advocating for regulations to consider the burden on small businesses and aggressively minimize it.

Another example than the GDPR example that I previously gave is beneficial owner registration. The US government tried to pass a law requiring every corporate entity to state who the beneficial owners are, to reduce tax evasion. In principle, this sounds great, but the vast majority of corporate entities are small businesses with natural persons owners, so that beneficial owner is already obvious. So, they should have added such an exception to filing requirements. Even better would be to just work with states to put beneficial owner fields on the existing state incorporation forms, instead of creating a new form, that are optional to fill in when the owner is a natural person. That way, we reduce tax evasion with the better data, but we aren't relying on a random electrician in Ohio or a tech nerd startup founder in California to be aware of these requirements. While one form isn't a big deal on its own, the whole system is like this, and it adds up.