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It's obvious you've never worked or had a business. In California, an LLC pays $800/year taxes even on zero profit; you must pay for a business license tax, an
by fortran77 4y ago
It's obvious you've never worked or had a business.
In California, an LLC pays $800/year taxes even on zero profit; you must pay for a business license tax, and you pay "property taxes" on the equipment and fixtures in your facility. (See: https://www.sccassessor.org/index.php/property-information/business-owner/general-information https://www.sccassessor.org/index.php/property-information/b... )
You also must pay for certain professional licenses, and pay for certain inspections. Just one example, I have to pay about $150/year for a "water backflow valve" inspection, even though our computer consulting office has no equipment that connects to the water supply.
- brtkdotse 4y agoI have a 20 year career of which 5 as a solo business :) But you’re right, running a business in the US sounds _terrible_. Condolences. My assumptions were based on institutions not being hostile.
- jccooper 4y agoCalifornia is not uniquely terrible, but in most of the country little or none of that applies.
- throwaway0a5e 4y agoLet me guess, white collar business, fairly large gross margin, no process equipment or physical inputs/outputs except from the office printer. Was I close? None of that carries over to the blue collar world.