You have to pay $800 a year to run an LLC in California. that's not even the taxes, its the "cost of doing business".
It wasn't quite that long ago, but you have a point. I just looked it up, they increased it from $50 to $100 this year. Still, $100 isn't a huge amount. If I wanted to start a business, I don't think I'd give up because of the $100 fee. barfo
yeah, but the taxes go up so that's whur they get ya. i'm thinking of going to Nevada in a few years.
I actually met Cuban before he was a billionaire. He made his money from broadcast.com. Their business was giving radio stations free PCs and realaudio streaming technology in return for some free advertising. He didn't invent HDTV. He was a really rich guy who could afford to make a hobby of doing what he wanted in the space and did.
I don't consider myself a very patriotic person, but I think the most patriotic thing you can do for your country is to serve in the military. Which I did!