OliveOyl, I noticed that as well. The big guys will be affected less b/c they are already subject to many of the requirements that exist in this new bill. Hence the support on their side.
K, I didn't even think about this "It would probably impact our suppliers however. And that means the costs would be passed on to us with increased materials." And of course it would be true if the bill was passed. Am still hoping that it will not be - again, as per the govtrack analysis, it has a 3% chance of getting through committee and only a 2% chance of getting passed. Sometimes I think politicians just do these things to go on record, even if they know they will not work.
I am on the liberal side of the fence on most things, although am feeling pinched on this issue. California's yearly registration fees for LLC's - even ones that are not making money yet, like mine are $800+. It is definitely a barrier to entry for the little guy.
K, I didn't even think about this "It would probably impact our suppliers however. And that means the costs would be passed on to us with increased materials." And of course it would be true if the bill was passed. Am still hoping that it will not be - again, as per the govtrack analysis, it has a 3% chance of getting through committee and only a 2% chance of getting passed. Sometimes I think politicians just do these things to go on record, even if they know they will not work.
I am on the liberal side of the fence on most things, although am feeling pinched on this issue. California's yearly registration fees for LLC's - even ones that are not making money yet, like mine are $800+. It is definitely a barrier to entry for the little guy.
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