I got laid off last week so right now I’m relaxing and now since I can’t afford to move out of this stinkin rat hole called California I was thinking starting a small business but now I’m not sure now that the crazies took over.
I'm in the exact same boat, As a sole proprietor you are looking at about 49% tax rate for Fed, State and Self Ins. tax in Kalifornia. That sure makes you think twice doesn't it?