Which, is of course, politics per usual.
There is a guy who started up a business in a nearby town. He has been building slowly over the last couple of years and has been able to hire five employee's. Doing so he had a $5000.00 loss for 2009, he does not mind paying $150.00 for the new minimum tax, he thinks $100.00 min would have been enough (It used to be $10.00). However, now he will have to pay taxes on receivables (isn't that a sales tax?) around $2000.00 that he just does not have, so one of the workers is now laid off (flush that training if they find another job) and his losses for 2009 is now $7000.00.
He just raised his prices by 1.5% in an attempt to generate income to call back he employee..
2 comments:
Yeah...We were following props 66 and 67 here. Guess I won't be opening my business up there after all, sorry. You were gonna be the IT guy, Byron was production, Bob was gonna do the graphic arts. We'd need a focus group to figure out what we were going to produce, but that's a detail.
If we all relocate to Vancouver, Washington, we'd have the best of both worlds. The business & property would be in WA, but we could shop in OR (no sales tax).
Figure out a "Green" thing that can actually make a profit & we're good to go!
Post a Comment