April 01, 2010

Tax on Business


"Every advantage has its tax."

Ralph Waldo Emerson


This seems appropriate as we approach April 15, this year amid all the speculation regarding what the new health care bill will mean to business.


If you've run your own company for 10 years or longer, have you seen a noticeable change in the untaxed "advantages" you've previously enjoyed versus today?

4 comments :

  1. Noticeable?

    My business is in California but not for long, unless we get some elected officials who actually know what it is like to make a payroll every two weeks.

    ReplyDelete
  2. I know what you mean. I moved 200+ jobs from my company HQ in SoCal to Costa Rica back in 96 for the same reason.

    ReplyDelete
  3. you should be ashamed of yourself. moving jobs out of the coutnry is not right

    ReplyDelete
  4. I'm not the least bit ashamed.

    When you hit 100 employees in California, you automatically become subject to a number of additional regulations, many of which cost serious money. Since my business is world-wide, and my clients have many options for vendors who do what I do, many at much lower prices, simply raising prices was not an option.

    Had I not moved a portion of my business out of the country, I would have gone out of business altogether. Doing what I did not only saved the company but it also saved the approximately 200 jobs I left in California.

    My original statement stands. If politicians are going to pass laws that affect how business is done, they damn well better know how business works, and the problem is, most do not.

    ReplyDelete