City and state regulators see a business that is profitable and they tax and regulate them to death. Almost like a pack of lions jumping on a deer that is sick.
Originally Posted By: Blkstanger
I owned a Bar for ten years here in California. Everyone has their hand out wanting money from you. I spent thousands in permits and license fees every year. Had to pay the music fees to ASCAP. Can't have bands or a juke box without paying them off. Sales tax alone ran almost $100k a year. I sold it in 2008. I lost interest in owning a business in this state.
How much was your take home pay after all your liabilities ?
Originally Posted By: Blkstanger
I owned a Bar for ten years here in California. Everyone has their hand out wanting money from you. I spent thousands in permits and license fees every year. Had to pay the music fees to ASCAP. Can't have bands or a juke box without paying them off. Sales tax alone ran almost $100k a year. I sold it in 2008. I lost interest in owning a business in this state.
How much was your take home pay after all your liabilities ?