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Yes, , but you guys got it better than one of my clients was paying $18K a year in property taxes when he bought the restaurant 9 years ago. This is a little beach bar & restaurant, so the food, while very good is very reasonably priced, so are the drinks and it is not even directly on the beach. This year, he paid $89,000 in property taxes, yes, $89K just in taxes, add the payroll taxes which, even though restaurant workers who work for tips, get payed less, because the tips bring their income up, if they are good, well above MW, but the government taxes the owner on the MW, and expects the servers/bartenders to pay taxes on the tips (can we say double dipping here) his employee taxes went up over $60K. This has been a beaches instituting for decades, good food, good prices, nothing upscale, a place to stop and feed the family while at the beach. How is a business owner to keep a business open selling $2 beers & $5 burgers while paying $149,000 in taxes before any of the other cost of operating. If he raises the cost to meet what the government is seizing from him, he will price many long time customers out of the there. So while the liberal are crying that the MW needs to be raised to so people too stupid to work hard enough to earn a decent wage, they force those who do give workers a starting point out of business, them cry about high unemployment.
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Byron
20+ year PCA member
Many Cool Porsches, Projects& Parts, Vintage BMX bikes too
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