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Old 08-13-09, 10:28 AM   #1
jasonfish320
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Join Date: Apr 2007
Location: MAINEIAC
Posts: 585
Default My business

I especially enjoy the media's lame attempt at making this seem like a surprise.... http://www.google.com/hostednews/ap/...19lGwD9A20I7O0

"Unexpectedly", really I'm pretty sure I expect a lot more of this...My home state has just raised taxes on small businesses by adding service taxes and expanding taxes on all my equipment. So, I buy all my equipment from a local vendor (pay taxes on it) and now the state is charging me annually on the depreciated value of the equipment...is this double taxation or what? I called to complain about the 7,000 tax bill that we got and basically I got the "too bad" attitude! WTF, no wonder everyone is living on public assistance it's a lot easier than trying to run a business and pay your taxes. I would really like to hire a new employee right now as business for our company is expanding, but I can't afford it. Especially when you add in all the payroll tax costs/unemployment/worker's comp/Fica/Futa...it's ridiculous... start cutting taxes for business who are fiscally responsible and don't need a bailout. I'm struggling just to keep things running above water, but I'm paying my taxes; sometime I fore-go my light bill and put off other bills just so the city/state/feds get theirs. My fear is things are going to get a whole lot worse I can almost sense it among the marketplace right now. Vendors are not stocking supplies, everyone is cutting back on advertising and employee benefits/overtime/etc. When you are in the trenches everyday you have your finger on the pulse of what's really going on and I don't think that this rise in un-employment is "unexpected" at all!..EndRant
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