[quote=Hobie]Thx Sk. I find it interesting that some cities ( San Marino) go after service trades like landscapers,or anyone with a name on a work truck for business license fee but let the big $ get a pass.
Maybe when Mickelson say 63% taxes he is lumping in other ‘fees’ as well.
I do this with fees, permits, tax. Gives me a better estimate of the true cost of business. You know, ‘for the privilege of doing business ..’
End snark as I’m writing out tax checks now and not happy.[/quote]
The thing is with those fees and permits, they’re meaningful for some small businesses. $100 here, $150 there. In his original whine, Phil also included disability and unemployment. Almost every employee in CA pays SDI, it had a cap last year of $956. Employees and the self-employed don’t pay unemployment insurance, employers do. but even if he’s counting himself as his own employer because he’s incorporated some part of his business, the most he might pay is probably $500 a year. Those little costs are annoying, and even meaningful for a small business making $50K a year, but they’re not enough to make anyone leave the state.
But for Phil? If he pays them, they amount to less than .01% of his income. Not 1%. One one-hudredth of one percent. About a dollar out of every $30,000 he earns. He looks foolish even mentioning them.
