Quote:
Originally Posted by OneHungLo
That can't be right. What bearing does your gross income as a business have on your bottom line?
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It shouldn't be right, but
gross revenue is what Medi-Cal uses to determine whether one qualifies. So, for example, even if a C-Corp with only 4 employees might be a good workaround, how many guys in bands are going to figure out how to do that? The gross that comes in is a lot more than what is left over after tour and merch manufacturing etc. expenses. Basically, most of the industries of California are disadvantaged by this.
Good thing they capped the fines for large corporations or this all might seem unfair
