California may Double Resident Taxes
California real estate traditionally held its value well over the years. People from all over the world would turn to California as a place to invest their money, start their business or expand a company. They would see the smart people, the diverse culture, incredible weather and of course the ability to snowboard and surf in the same day as a paradise for quality living and incredible investing.
However now what we are seeing is the collapse of Los Angeles with high crime and “smash and grabs” running rampant throughout the city. We are seeing robberies and violent crimes picking up. We are seeing people afraid to walk in the street after sunset due to the uncertainty of their safety.
California may Double Resident Taxes
This coupled with many new laws and changes impacting businesses will, from my believe, drawl a true California exodus. This may not just be from people leaving due to bad business conditions and crime but also an affordability crisis that is due to a lack of prosperous job opportunities.
Assembly Constitutional Amendment 11, introduced by California Assembly Member Ash Kalra (D), contained a taxation plan to fund single-payer universal healthcare in California.
Gov. Newsom proposed universal health care for all low-income residents of his state, including illegal immigrants, during the unveiling of his 2022-23 state budget today.
The state of California is proposing to double their tax rate through bill ACA11. This bill would build out a universal healthcare system. The total costs would be roughly 163 Billion Per Year. They will be doing this by increasing taxes to an extreme degree. How extreme would taxes go up? Well, taxes would increase by roughly $12,250 per household from where they are now! Super markets and other stores with very low profit margins would be crushed due to the new 2.5% gross receipt tax which will tax people based on revenue and not based on profit. The example that was issued by taxfoundation.org states that Kroger or traditional grocery store that is operating on a .075% profit margin would pay more in tax than they earn and would thus have to shut their doors.
California is pushing many business owners, restaurants and other start ups to the brink of collapse and what I believe will happen is that all of the opportunity will leave for small business. At this point, Los Angeles has the highest failure rate for all small business in the country.. Not only Los Angeles but CA has the highest failure rate for the entire country. This is a disaster.. How bad is the situation? If you are a restaurant owner there is a 33% chance you permanently closed your business over the last two years.
Business owners are struggling, landlords and real estate investors are struggling. We will see a whole new level of pain hit the economy and the market of California and I believe a whole lot of people will be taking their enterprises with them on the way out of CA.
That could be just what the rich and the elite want, they want to be able to acquire assets cheap and have unlimited land, real estate and power throughout the city and state.
California may Double Resident Taxes
San Diego Real Estate Website for sale
www.brokerforyou.com *** This 24 year old San Diego real estate website is for sale! Also, aged real estate sites in many California cities are for sale.
Over 28,000 average monthly unique visits to Brokerforyou.com in the last six months.
*NO you are NOT just getting a super San Diego URL, but, 24 years of great San Diego centered residential real estate content! Plus, great search engine rankings and most important, a HUGE amount of unique monthly visitors! If can’t see the very unique potential, perhaps you should save your time and NOT review the information below.
www.brokerforyou.com is 24 Years old! The vast majority of search engine professionals agree that the age of a website is an important factor in the Google algorithm.
There is also another undisputed factor in the ranking of websites. That factor, is the amount of unique specific content published on the website. So, it’s pretty hard for a two year old or a five-year-old or for that matter a 10-year-old website out rank a 24-year-old website that has 2 to 4 times the content.
San Diego real estate opportunity www.brokerforyou.com is for sale! if your real estate broker in San Diego California or thinking of expanding your brokerage business into San Diego, purchasing www.brokerforyou.com to give you a huge boost in becoming a player in the residential San Diego real estate market.
Sure as a real estate professional in San Diego California, you most probably have a website. But take a look at it take a look at the traffic you’re generating from that website. From my own analysis the majority of San Diego real estate websites just generate a couple of hundred unique views per month. To even have a chance of gaining one new client you need tens of thousands of unique views.
Brokerforyou.com is for SALE
Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65 billion! YouTube now operates as one of Google’s subsidiaries.
www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!
What’s the approximately monthly cost to host a website? With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month! Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.
Interested, call Bob Schwartz (619) 286-5604 for additional information
