2 ms·
> "if the biz cannot afford the $800 fees annually" This kind of thinking leads to unlimited taxation without accountability. It's not a question of affordabi
by manigandham 6y ago
> "if the biz cannot afford the $800 fees annually"
This kind of thinking leads to unlimited taxation without accountability.
It's not a question of affordability but about value provided. The marginal cost of a new filing is pretty much $0. You gain nothing from these fees as a business and all it does is reduce the amount of economic activity in the first place.
California also extracts these fees from any corporation that operates in the state, regardless of where it's incorporated. Again with no discernible benefit commensurate to the tax.