California’s legislature is considering a “split roll” property tax; that could affect local (SMB) Small Business Owners…
The mandated local tax reform for small businesses should encourage expansion not conservation of resources to fend off increased tax hikes at the end of the fiscal year. The idea of increasing state tax so that local public programs and local governments can have sufficient funding for services such as public works, school programs and other community services as a mandated responsibility of small businesses through taxation is absurd.
As community, the entrepreneur whom establishes a store front knows that expansion is the only way to succeed in a bear minimum economy; thus providing further options to (joe consumer) thus creating a spinning stimulus that allows (Jim owner) the opportunity to sponsor community based organizations, not because he is ordered to do so by taxation. However, because he has a child in one of the local schools, they have a relative that likes the local senior center, and the park where they all play softball could use some work. It is this inherent responsibility that should drive small businesses to give back to their community; not a split roll taxation.
Small businesses, for the most part; should not be held responsible for public services, but nonetheless inherently relied upon; to be open to community outreach.
If you agree that the small business owners should not be capsized by a local “split roll” taxation post a response. This was a public service made aware to me ; by California’s own Brian W. Jones Assembly California legislature. In response to his letter to the people.
Where do you stand?
