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athms commented on Minimum wage workers can't afford rent anywhere in America   lite.cnn.com/en/article/h... · Posted by u/LinuxBender
justin_oaks · 5 years ago
Federal minimum wage is $7.25?! Wow, I guess I'm just too used to CA minimum wage which is roughly double that ($14).

Even with a higher federal minimum wage, the problem of "The rent is too damn high!" would persist.

athms · 5 years ago
$14 for employers with more than 25 employees, $13 for 25 or less.
athms commented on Minimum wage workers can't afford rent anywhere in America   lite.cnn.com/en/article/h... · Posted by u/LinuxBender
throwawayboise · 5 years ago
Minumum wage is not and never was meant to allow the worker to afford a two-bedroom rental on his own.
athms · 5 years ago
Where are the kids going to sleep? I suppose we can have coffin homes like Hong Kong. Maybe four beds on one wall with the communal toilet and tub down the hall.

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athms commented on My business might have 32 days before it's shut down by NYC [video]   youtube.com/watch?v=5oDjS... · Posted by u/xbmcuser
athms · 5 years ago
Can we stop with the hyperbole?

The fee isn't that much for California. I could see it as expensive if it was in a cheaper state. Also, if somebody is only making $20K annually running a cleaning service in California, they need to run it as a sole proprietorship, find another line of work, or move to a different state.

I made $15K in the late 1980s in California while living paycheck to paycheck. I don't see how anybody can live on $20K in 2021. This hypothetical person would make more money working at McDonald's.

athms · 5 years ago
For the idiots down voting me:

The California state minimum wage is $13 for employers with 25 or less employees, $14 for employers with more than 25. A person would make more money working full time at a fast food establishment than running a cleaning service if their are making only $20K annually. You would have to go back several years when the minimum wage was less than $10.

I ran a consulting business for years as a sole proprietor. It is a viable operating entity, especially for one person. I also had a business liability policy, which you will also want as a single member LLC. It is actual quite easy to pierce the liability protection that an LLC offers, especially for single member companies because many people intermingle assets and debts, such as when personally guaranteeing a loan. If you injure somebody while on the job or engage in professional malpractice, the LLC shield won't protect you. And finally, fraud; if you are using the LLC as a buffer to commit illegal acts, a court will find the company is nothing more than your alter ego and hold you personally responsible.

If you are a software developer, run your business as a sole proprietor until you are ready to sell your product or hire employees, then convert the business to an LLC. You will still get the first year waiver.

athms commented on My business might have 32 days before it's shut down by NYC [video]   youtube.com/watch?v=5oDjS... · Posted by u/xbmcuser
ecshafer · 5 years ago
Why was this downvoted by people. Seriousquestion raises a good point. $800 a year is a massive cost. Lets say the llc is a cleaning service, and they are only pulling in $20k a year anyways. Operating as an LLC is 1/20th of their income to do it legally. This is a valid point, and is on topic.
athms · 5 years ago
Can we stop with the hyperbole?

The fee isn't that much for California. I could see it as expensive if it was in a cheaper state. Also, if somebody is only making $20K annually running a cleaning service in California, they need to run it as a sole proprietorship, find another line of work, or move to a different state.

I made $15K in the late 1980s in California while living paycheck to paycheck. I don't see how anybody can live on $20K in 2021. This hypothetical person would make more money working at McDonald's.

athms commented on My business might have 32 days before it's shut down by NYC [video]   youtube.com/watch?v=5oDjS... · Posted by u/xbmcuser
borski · 5 years ago
FWIW, as of 2021, the first year’s franchise tax fee is now free: https://www.llcuniversity.com/california-llc/annual-llc-tax-...

(But I agree with you, and would file an LLC in DE or elsewhere, unless I plan on raising funding in which case it wouldn’t be an LLC but a DE C-Corp)

athms · 5 years ago
All limited liability entities doing business in California must pay the franchise tax. Also, the first year waiver is only for domestic companies, those organized in California.

For a California resident trying to escape the expense, you are going to spend more money by creating your LLC in another state.

athms commented on My business might have 32 days before it's shut down by NYC [video]   youtube.com/watch?v=5oDjS... · Posted by u/xbmcuser
seriousquestion · 5 years ago
To wit, CA charges $800 PER YEAR to have an LLC. For many small one person LLCs, that $800 a year makes a big difference. $8,000 over a decade.
athms · 5 years ago
>...$800 PER YEAR to have an LLC.

This franchise tax is required by any type of business entity offering limited liability. Besides a limited liability company, this includes corporations, limited partnerships, and limited liability partnerships. You can avoid this fee if you have a sole proprietorship or general partnership. Additionally, non-profit corporations that have a tax-exemption from the IRS are also exempt from this fee.

athms commented on Organic and regenerative agriculture are revitalizing rural Montana economies   montanafreepress.org/2021... · Posted by u/DerekBickerton
songzme · 5 years ago
If you are still buying groceries from supermarkets, it is in your best interest to change that habit and buy organic only. Food co-ops usually tend to store organic only so they are great places to buy your groceries.

Organic ensures that the soil where your food came from had no prohibited substances (most synthetic fertilizers and pesticides) applied for three years. Chances are, if you are buying food from supermarkets without the organic label, your food probably came from a farm that uses unhealthy synthetic fertilizers that may attribute to health issues later down the road.

Unless you know your restaurant is cooking with organic food, they are probably not so it is best to eat out sparingly and learn to cook with your own delicious food with your organic ingredients.

If you want to step up your game, you could also buy organic clothes (aka clothes that came from plants / animal) that came from soil without prohibited substances. Your body is covered most of the day so it's better to be on the healthier side.

Obviously, the label "organic" doesn't mean you are getting the best because there is still alot of room for improvement. Organic still allows some form of pesticides and fertilizers and has next to nothing about the organic matter in your soil (which determine how nutritious your food would be).

The article mentions regenerative organic certification, which addresses the shortcomings for organic labels. If we, as consumers, demand for the highest quality food, it turns out to be good for the soil and the long term health of the earth too!

Hands down, if you have a space for your own garden or even pots at home, you could easily grow food that are more nutritious than any food you can find in a grocery store. Optimize for organic matter in your soil. The higher the organic matter, the more nutritious your food is. Most of the agricultural soil that grows food has about 3-6% organic matter, you can easily get it above 10% at home. So if you have time on your hands, you should try growing the food you eat most regularly at home.

athms · 5 years ago
How did you make it through high school while failing in chemistry and biology?

Organic is a scam for the natural is better crowd that occupies the human experience. A chemical is the same whether it is natural or synthetic. Plenty of natural substances are toxic. There is no difference in taste or nutrition between organic and non-organic, however GMO can be made more nutritious.

u/athms

KarmaCake day364April 8, 2019
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