You Get Taxed 30% BEFORE You Sell The Product?! - On The Edge CLIPS
Kyle goes in-depth on how taxation on tobacco products work in California. Whether or not you smoke, it's a fascinating conversation about taxation craziness in California.
On this episode of the On The Edge Podcast, we talk with Southern California Cigar Lounge owner Kyle. After having to close his shop for over a year due to the Coronavirus, we discuss how Kyle continues to maintain an income and his livelihood.
As always, we cover the in's and out's of the financial side of his business, and learned about the INSANE amount of taxes tobacco vendors are charged. Did you know they pay their taxes whether or not they sell their product? Crazy!
Grab a drink and join us for an hour of solid business, political, and casual chat!
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