Quote:
Originally Posted by McLovin
Directly quoted from California Assembly Bill 1199 proposed earlier this year, a “privilege tax” on rental properties:
...at a rate of 25% of the gross receipts of the qualified taxpayer that are derived from rental income.
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And then the idiot Kalifornia socialist will wonder why there is a housing crisis when the rents go up 25% and/or the landlords will sell or burn the place down.
The problem with Socialism is eventually you run out of other people's money.
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Joe
See Porsche run. Run, Porsche, Run:
`87 911 Carrera