I have a multimillion-dollar Internet business in Chicago. Due to tax hikes, I will be leaving Chicago, but not because I am greedy. I cannot afford to pay 60 percent in taxes and expect to survive my competitors. I was looking to open my business in California, either Los Angeles or San Francisco. After calculating the taxes, I could not afford to bring my business to any placein California.
I would have the same problem in California that I had in Illinois. But not only would my business not survive in California, my 10 employees could not afford to live there, and I was told that their taxes would be just more than 50 percent of their income. Final decision: We are all moving to Florida. There, we will only have to pay up to 40 percent in taxes. My business would still be competitive and I think I can hire 10 more employees.
I wrote this letter to inform Californians of the reason that businesses can not survive in the state and have left to move to low-tax areas in the country.
Ann Martinelli, Largo, Fla.
More fighting for US
Two years after Barack Obama became president, the U.S. is still fighting in Afghanistan and Iraq and now we are involved in a third war in Libya. Before Obama ordered the bombing of Libya, he consulted with the United Nations and the Arab League, but he did not consult with Congress. And this is from a president who got the Nobel Peace Prize.
Marge Parkhurst, Redwood City
Rezoning plan should end
An experiment with tax breaks for businesses moving to a specified area that needs investment is a less costly approach than state redevelopment areas, which allow long-term borrowing and spending by the government.
If City Hall is serious about attracting high-tech jobs, officials could start by repealing the 2009 eastern neighborhoods rezoning plan, which was specifically designed to discourage this. High-tech businesses are no longer allowed across most of The City’s eastern commercial property, and a huge square-foot fee was imposed on the few blocks where office space would still be allowed.
Our politicians prefer “fees,” which can go to pet projects and are distributed to political supporters instead of to programs that increase commercial activity, because increased property and income taxes must be shared with lots of others.
Judy West, San Francisco