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Posts by hollowharbor56

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Starting a small business in Business, Accounting & Taxes ·
True, an LLC doesn't require any specific professional credentials for most roles...

The only exceptions occur when specific federal regulations mandate them, such as for licensed engineers or similar professionals.

hollowharbor56

Yes, the overhead for an LLC is higher than a sole proprietorship. Perhaps your accountant is nudging you toward a corporation just to pad their own fees?😉
I'm joking. You set up an LLC and the problem is solved—it's how hair salons and spas operate. Why wouldn't it work for a coffee shop?
I suspect the tax assessment works like this: if the Contract specifies a price higher than the local average for that neighborhood, they lock in that higher rate for taxation. If it happens to be lower, they just bump it up to the average... You can't win against these people. 😳...
I suspect registering the Contract Corp with the IRS is strictly the landlord's responsibility... they're the ones on the hook for the taxes, while the tenant just handles the rent
The basis for justifying any expenses is the Contract Corp under which you pay your landlord (no Contract Corp, no expense justification).

The landlord is responsible for reporting this to the IRS since they owe taxes on it (though that’s hardly your concern)

You can also justify utility costs for the space if you're footing the bill (electricity, water), provided there are separate meters
General Electric - grid fees? in Economy ·
Nathan Newman3 said:You might not see the upside, but General Electric certainly does.

And so does The Government.


Sure, General Electric has plenty of lightbulbs to worry about, so they have better vision...
General Electric - grid fees? in Economy ·
Nathan Newman3 said:Back in the day, you’d pay General Electric about 100 bucks for a single kWh.

Fast forward to now, and you're paying Company A 27 bucks just to generate the power, Company B 42 bucks to move it across the state, and Company C another 36 bucks just to run the lines through your neighborhood.
On top of that, you’re handing Company D—which happens to own Companies A, B, and C—an extra 5 bucks for "renewable energy" (you know, wind, solar, hydro, waves, biomass, tarot cards, and whatever else they feel like charging for).

So, if you’re sitting there wondering why this new setup feels way worse than the old one, honestly, don't look at me... you've gotta look at the math.


...if my math isn't off, that brings us to 110 compared to the previous 100—a 10% hike...
.. I fail to see the benefit here...
Where do we draw the line? in Economy ·
To clarify a few things (since it seems I wasn't quite understood):
The current administration, spanning its last three or four terms—despite various minor party shifts along the way—has accomplished essentially nothing for the average citizen. Instead, they have simply enriched a certain group of freeloaders. Yet, the majority of the population continues to vote for the exact same people.
Furthermore, those who abstain from voting are indirectly handing their power to the major parties (we all know which ones).
By the way, I’m from a small town in Northern California, and you all know exactly how poorly they were received here (even back when folks in the rest of the country were shouting about how great they were and claiming there was no better solution for America). Well, if that is truly the case... God help us all.
Where do we draw the line? in Economy ·
Nicholas Turner said:@hollowharbor56

How exactly are they doing? If you’re a veteran, you’ve got your pension—plus you're picking up side gigs under the table because, frankly, you're bored—on top of having stakes in a veterans' fund. Your kid gets into college just by passing half the entrance exam, and then comes the scholarship; back in the day, you could even import cars tax-free like a wounded warrior. If you're a farmer—a real grower—well, life's a breeze. You plant some wheat, the government buys half your tractor, tosses in a subsidy, and you don't even have to worry about selling the crop. You just sell it back to the government at whatever price you feel like naming. You haven't even spent two months a year actually out in the field! If you work in the civil service, you basically don't work at all—it's great because the paycheck and benefits just roll in. But if you're a retiree voting for the Republican Party or the Libertarian Party, you're still getting squeezed by the state—even though your savings were gutted and looted back in the '90s, and there isn't enough left to raise workers' wages. And if you're part of the diaspora, you vote because you get all the perks with zero obligations—no taxes, no local levies, no tribute, and no military service (which is gone now anyway)—all while asking the USA for subsidies despite already having your own home base. In short—there is no economy that can sustain this right now, let alone in the future.


I completely agree with you. But if that group represents everyone, does that mean we aren't stuck with the current administration for another hundred years? That was my point, damn it.
Where do we draw the line? in Economy ·
Nicole Collins13 said:Take a look at how many people actually work, then look at how many don't. Think twice about saying the government—any government, starting with that mess involving Solomon—has only helped a small group.
Either you're one of those people who believes it's a divine right for those who don't work to take food out of the mouths of those who do in the name of "equality." That mindset is exactly why we ended up where we are.


Yes, I'll admit it: I am responsible for bringing America to its current state.
Where do we draw the line? in Economy ·
Richard Lewis16 said:You really hit the nail on the head there... exactly what I was thinking... 😉

I mean, let's be honest, someone who’s living in a bubble, just getting bits and pieces of news dropped in their lap every once in a while... they aren't exactly going to see the big picture the same way someone who’s constantly plugged in, pulling from a dozen different sources and actually keeping tabs on everything... it’s just not a fair comparison, really...

It’s kind of like the whole situation with the team owner... I know, I know, some of you are probably going to think I've completely lost my mind, but honestly, there are people out there who just don't get why the fans are so incredibly hostile toward him... it’s like they’re living in a different reality where the math just doesn't add up...
All they ever seem to care about is sitting at the top of the standings, or qualifying for the Europa League, or whatever other trophy is currently being tossed around... it's always just that one singular focus, isn't it...

I honestly think even a grandma living out in rural Montana would feel the same way about the local GOP and their leadership... mostly because they’re the ones who finally paved her driveway, hooked up her electricity, and kept some cash flowing her way...
Most people have something to gain from the status quo, you know... and let's be honest, very few are actually going to step up and fight against their own interests just for the sake of being right...


They don't say information is power for nothing...

I understand voting for someone when you stand to gain from them, but those leading us have "benefited" a relatively small number of people compared to the sheer volume of votes they receive. Perhaps that's just how this nation works.
The question remains: did that grandmother in Nebraska actually get her road, water, and power? 🤷
Where do we draw the line? in Economy ·
The only remedy for this... bringing high-speed internet to rural America 😂
Where do we draw the line? in Economy ·
Charles Ramos7 said:I mean, what's there to complain about when we're the ones who voted for this administration in the first place?😠

🙏
Well, this is the fundamental issue here in America—the root of the matter, if you will. And from such roots, one grows nothing but weeds.
And naturally, everyone will emerge from their holes now to act surprised. Who exactly did they vote for? Certainly not me.
And just like that, fifteen years have passed. ☕
Where do we draw the line? in Economy ·
Richard Lewis16 said:I really ought to be led by some union rep making maybe fifteen bucks an hour $0.00 😂
say, I’d probably put someone from Walmart 😉 right at the helm, just to give you an idea of what a typical American union leader looks like
honestly, the only ones I actually trust are students


So, I see you "read" and "understood" my previous post...☕
crimsonhound10 said:Dammit🙂

I went through the data myself. My analysis yields the exact same conclusion.☕
Where do we draw the line? in Economy ·
Henry Wright6 Asks:
No one bothered to call on the people, yet what the public needs is a leader willing to stand by them. An individual alone achieves nothing. People lack the funds, the patience, and the mental fortitude; they have reached their breaking point and find themselves paralyzed. The most tragic part? Roughly two hundred people are dictating the fate of 330 million Americans while hiding behind the rule of law—even though their own hands are deeply stained.😠😠😠


Shouldn't leaders be union reps or someone of that ilk? People have lost all faith in the opposition, yet even union organizers seem to find their way into lucrative corporate roles in the US.👎👎
Where do we draw the line? in Economy ·
Steven Kim84 said:The truth is, we don't have anyone here brave enough to park a truck full of explosives right in front of the White House and level the whole damn thing. That’s because everyone running things over there is just a bunch of self-serving vultures who couldn't care less about anything except their own bank accounts and staying in power. I remember when people were out there protesting in D.C. for weeks on end; these politicians just trampled right over them like they were nothing more than roadkill. And what was their response? They actually pushed through a law to ban public gatherings in the heart of the capital. That’s the reality of our government and this entire political circus—just a pack of animals. Honestly, someone needs to clear them all out so we can start over with actual human beings. If you look at this entire political landscape, you could count the decent people on one hand. Everything else is just a waste of life.

I concur. 🙏