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Thread: For Those in California...

  1. #1
    Super Duper
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    For Those in California...

    Remember the tax rate was raised a penny today (1 Apr 2009) to 9.25% so be prepared to pay extra now. I guess that means even more internet shopping for large purchases for me!
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  2. #2
    Oxide Blu
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    Re: For Those in California...

    I think the state sales tax is actually raised to 6%. All of the other sales tax on top of it is local (county) sales taxes lumped on top. Depending on where you are in the state, you'll pay between 8.75 and 10% sales tax -- I think.

    For those in California -- Run! Save yourself! GET OUT!

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    Re: For Those in California...

    And if you do business in California, do not forget to charge and collect that extra sales tax, as you will have to pay it for your business also. It can be a real pain trying to keep up with the varying taxes (state, county, municipal, etc.), as they change with adoption or expiration of bond issues, etc.

    LJ

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    Sr. Administrator Jack's Avatar
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    Re: For Those in California...

    And on another note... If you are a business and do buy your gear out of state or online, it is not deductible on your state tax return UNLESS you can show you paid CA sales tax on it!

    If you or I ran our businesses like that, we'd be jailed for fraud or usury, maybe both...
    Jack
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    Administrator, Instructor Guy Mancuso's Avatar
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    Re: For Those in California...

    you wonder why i am in AZ. Sorry folks i am down to one arm typing today. i can't get the left arm up to type so no caps today. blah
    Photography is all about experimentation and without it you will never learn art.

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    Re: For Those in California...

    Quote Originally Posted by Jack Flesher View Post
    And on another note... If you are a business and do buy your gear out of state or online, it is not deductible on your state tax return UNLESS you can show you paid CA sales tax on it!

    If you or I ran our businesses like that, we'd be jailed for fraud or usury, maybe both...
    Are you talking about not being able to deduct sales tax (which you may not have paid from out of state/online purchase), or not being able to list and amortize things on your taxes (Federal and State)?

    Here in Texas, where we do not have a state income tax, but fairly hefty sales taxes (6.25% state + any local adds), if you are a registered business (have a state sales tax identification number), you are tax exempt on most items related to the "manufacturing" of your product. (Photography used to fall under either consulting or manufacturing type businesses, but now it is under manufacturing.) So equipment used to manufacture (camera gear, lighting, printers, papers, inks, etc.) are tax exempt, but stuff that gets resold to the consumer is not (things like picture folders, and other stuff), and you must collect sales taxes on those things with sales.

    As you say, Jack, things have gotten so convoluted that it is near impossible to keep track of things sometimes. My accountant keeps telling me to keep things clear and simple....charge full sales tax on anything I sell in state, and nothing for stuff sold and shipped out of state. Problem is that even "consulting" work and stuff is now taxed. So sitting fees, processing times, and all that other stuff is now taxable, where is did not used to be before. And, one has to constantly fill out forms for state record keeping on any business purchases made in state. A real pain, but saving the 8.25% tax for things I buy locally helps....but I have to file state sales tax info on the business yearly. The good part is that I can support local businesses if they have what I need, so that helps keep them running too.

    LJ

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    Sr. Administrator Jack's Avatar
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    Re: For Those in California...

    Quote Originally Posted by LJL View Post
    Are you talking about not being able to deduct sales tax (which you may not have paid from out of state/online purchase), or not being able to list and amortize things on your taxes (Federal and State)?
    Oh. We "lost" the state deduction for sales tax several years back. So not only can't we deduct it directly any more, you cannot amortize a piece of equipment unless you can show you paid sales tax on it. However, the total price paid for a piece of business equipment, including the sales tax can be amortized.

    Yes, it totally sucks to live in a welfare state, especially when you are one of the minority of productive residents...
    Jack
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    Re: For Those in California...

    Quote Originally Posted by Jack Flesher View Post
    Yes, it totally sucks to live in a welfare state, especially when you are one of the minority of productive residents...
    Hence why I was VERY apprehensive to move here from Texas. My job pretty much made me though. I like the state scenery and weather. I could go without the mismanagement of funds. I'm sure everyone has heard "stories" on TV and whatnot and I have my fair share of second hand experience.
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    Workshop Member ChrisDauer's Avatar
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    Re: For Those in California...

    Quote Originally Posted by Jack Flesher View Post
    Yes, it totally sucks to live in a welfare state, especially when you are one of the minority of productive residents...
    AMEN!

  10. #10
    Oxide Blu
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    Re: For Those in California...

    I remember the first time I went to Paris -- "what a beautiful city! If only we could get the French to leave." That's how I feel about California, now -- it is a beautiful state, if only we could get the lib-tards to leave. I'm not holding my breath, the French still occupy Paris.

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    Workshop Member ChrisDauer's Avatar
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    Re: For Those in California...

    Might I recommend New Zealand. It totally reminded me of CA in the early to mid 1980s. Not a ton of people. Traffic's not really an issue. It's got all the natural beauty you'd ever want. And I can't imagine their taxes are any worse than ours?

    When I go to spend the last few dollars I earned in '08; to cover all taxes, I get less than $.33 per $1.00 dollar made.

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    Re: For Those in California...

    it is a question of what you get for the tax you pay, and whether or not you end up paying for things via some other method.

    In new york we pay an 8.25% sales tax on top of state and city income tax, neither of which allow the same income and business expense exclusions allowed by the federal government
    We have ****ty road surface quality (try riding your motorcycle on the BQE, for those out here, and it is alway that way) and toll roads compared to CA. the Brooklyn Bridge has not been painted in the 30 years I have been here (the Golden Gate gets re-coated constantly) and parking tickets in NYC range from $65 for meter violation to $110 for double parking.

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    Senior Member stephengilbert's Avatar
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    Re: For Those in California...

    Without taking sides, I wonder if it's really productive for members here to suggest that people they disagree with ("lib-tards" or anyone else) should move away. I'm sure we all would like to stop government from wasting our money; too bad we can't agree on the definition of "waste."

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    Re: For Those in California...

    Quote Originally Posted by Oxide Blu View Post
    I remember the first time I went to Paris -- "what a beautiful city! If only we could get the French to leave." That's how I feel about California, now -- it is a beautiful state, if only we could get the lib-tards to leave. I'm not holding my breath, the French still occupy Paris.
    A city is not a collection of building. It is the culture and people living in it that make Paris the lovely city that it is.

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  15. #15
    Oxide Blu
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    Re: For Those in California...

    Quote Originally Posted by jlm View Post

    ... the Brooklyn Bridge has not been painted in the 30 years I have been here (the Golden Gate gets re-coated constantly) ...

    It's a popular urban myth. The GG bridge is only touched up as needed. In its history, it has never been perpetually painted.

    There was a program going back to the late 60's that involved removing the original paint and replacing it was modern zinc based primer and contemporary paint to better insulate the bridge from electrolyte (sea air) that is causing the bridge to evaporate. That project took 25-years, or so.

  16. #16
    Oxide Blu
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    Re: For Those in California...

    Quote Originally Posted by johnastovall View Post

    It is the culture and people living in it that make Paris the lovely city that it is.

    Obviously, you are speaking about Paris Texas; I am speaking about Paris France.

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    Deceased, but remembered fondly here... johnastovall's Avatar
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    Re: For Those in California...

    Paris, France, I've never been to Paris, Texas. I've been to Paris, France many times and look forward to getting back there this year after the tourists leave in the Fall.
    Last edited by johnastovall; 1st April 2009 at 18:40.

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  18. #18
    ddk
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    Re: For Those in California...

    Quote Originally Posted by jlm View Post
    it is a question of what you get for the tax you pay, and whether or not you end up paying for things via some other method.

    In new york we pay an 8.25% sales tax on top of state and city income tax, neither of which allow the same income and business expense exclusions allowed by the federal government
    We have ****ty road surface quality (try riding your motorcycle on the BQE, for those out here, and it is alway that way) and toll roads compared to CA. the Brooklyn Bridge has not been painted in the 30 years I have been here (the Golden Gate gets re-coated constantly) and parking tickets in NYC range from $65 for meter violation to $110 for double parking.
    Lets not forget about $42 plus tax for 2 hours of parking in a lot, that you're forced to use since they took away most of the street parking privileges here. 13k a year for nursery schools, and some of the most expensive but among the worst public schools in the nation. Now imagine being taxed more and paying more for the same crud so the our government can expand its socialist agenda, hmmm wonderful.

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    Re: For Those in California...

    So, living in both high tax states....and for a while having taxes withheld in both (ouch) there are some good things that I can say about California.

    Great state university system that is not expensive if you are a resident
    CLIMATE!!!!!
    Natural beauty - but at a cost to clean up from disasters (fire, slides, quakes)
    Environmentally conscious - no plastic bags in SF food markets and people really do bring their own bags more often than not

    I'll have to think up the NY positives....hmmmmm

  20. #20
    wbrandsma
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    Re: For Those in California...

    That sounds tough for you folks in California. We have 19% sales tax and income dependent taxes between 35% and 52% in the Netherlands. But then there should be a really good reason to legalize drugs and prostitution here

  21. #21
    Oxide Blu
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    Re: For Those in California...

    Quote Originally Posted by TEBnewyork View Post

    I'll have to think up the NY positives....hmmmmm

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    Administrator Bob's Avatar
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    Re: For Those in California...

    Gosh,
    Taxachusetts seems so much cheaper now.
    5.5% Income, but sales and "use" tax on out of state purchases of 5%.
    Corporate minimum tax even if you have no money!
    CLIMATE is wonderful, with crisp clear winters and lovely snow, beautiful spring and fall scenery. No damp chilly San Francisco summers LOL.
    Land prices are better too, although not a low as Texas, but about 1/8 Silicon valley on land, but houses are just about the same per square foot.
    -bob

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    Re: For Those in California...

    The thing I have to learn about California is a "large" California house is an average sized Texas house for almost twice the money before the housing market crash. I'm still stuck in my Texas way of thinking about the value of money and thus am often dissatisfied by the cost of living here for what often amounts to utter crap in my mind sometimes. Maybe I will hit the lottery and still be able to claim my Texas residence as I still have that as my home of record for tax purposes.

    I second that the weather is GREAT. I dread going back to feel Houston's humidity in May...
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    Re: For Those in California...

    in NYC a 500sq ft studio apartment can rent for $2,000, easy, in a low amenities bldg (no-doorman). it can sell for $3-400k. a similar priced caiifornia home in the suburbs might have one of several rooms that size. after a while in NY, you begin to wonder what people do with all that extra room.

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