As an employee I pay $7249 SIT on the first $100,000. The amount over $100,000 is taxed at 7.8%. Sales tax is 5%. My house has an assessed valuation for tax purposes of $185,000. Annual taxes are around $3150.
I'm toying with opening an office as a real business instead of being an employee working at home. I'm told that you must take inventory of all your office furnishings and equipment and pay an annual tax on it. That's not very business friendly. There is no way I would operate the business out of my home if all my possessions became subject to annual taxation. More likely, I would rent office space and outfit it with the minimum necessary resources to get the job done. No point in paying taxes on stuff you don't need and/or are not using.
HHmmm... that doesn't sound all that business friendly, except when compared to everywhere else...